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a) Assuming perfect capital mobility, discuss the effectiveness of fiscal policy in an open economy under both fixed and flexible exchange rate regimes. b) Explain
a) Assuming perfect capital mobility, discuss the effectiveness of fiscal policy in an open economy under both fixed and flexible exchange rate regimes. b) Explain the impact of imperfect capital mobility on the effectiveness of expansionary fiscal policy in an open economy
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Essentials of Business Driven Information Systems
Authors: Paige Baltzan, Amy Phillips
1st edition
1260004716, 978-0073376721
