7. Changes in government deficits are closely related to changes in net exports. In particular, increases in

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7. Changes in government deficits are closely related to changes in net exports. In particular, increases in government deficits lead to reductions in net exports, while reductions in government deficits lead to increases in net exports. Use a two-panel diagram to explain this important relationship.

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Principles Of Macroeconomics

ISBN: 9780176591977

7th Canadian Edition

Authors: N. Mankiw, Ronald Kneebone, Kenneth McKenzie

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