Use the mathematics from Section 11.4.1 of the Appendix to derive the (R X) curve after a
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Use the mathematics from Section 11.4.1 of the Appendix to derive the \(R X\) curve after a negative demand shock in bloc \(B\).
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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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