Explain what is meant by this statement: 'The behaviour of the nominal exchange rate in the model

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Explain what is meant by this statement: 'The behaviour of the nominal exchange rate in the model is a residual'.

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Macroeconomics Institutions Instability And The Financial System

ISBN: 9780199655793

1st Edition

Authors: Wendy Carlin, David Soskice

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Question Posted: Jun 10, 2024 02:10 AM

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Explain what is meant by this statement: 'The behaviour of the nominal exchange rate in the model

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Macroeconomics Institutions Instability And The Financial System

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