Use the 3-equation model to show how fiscal policy can be used to stabilize the economy after
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Use the 3-equation model to show how fiscal policy can be used to stabilize the economy after a positive demand shock in a country that is a member of a CCA. What effect does this have on the budget balance?
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Related Book For
Macroeconomics Institutions Instability And The Financial System
ISBN: 9780199655793
1st Edition
Authors: Wendy Carlin, David Soskice
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