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1. What is the difference between the slopes of the IS and RX curves? Q2. Should The central bank of a common currency area respond

1. What is the difference between the slopes of the IS and RX curves? Q2. Should The central bank of a common currency area respond to a shock specific to one member? Q3. In a 2-bloc world economy with flexible exchange rates, the same inflation shock affects both blocs. Tighter monetary policy in each bloc produces exchange rate appreciation.? I need answer accurately so i will vote you up Thanks

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