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An economy that has a flexible exchange rate system will experience twin deficits when the government lowers taxes. True/False/Uncertain, explain with the aid of ONE

"An economy that has a flexible exchange rate system will experience twin deficits when the government lowers taxes." True/False/Uncertain, explain with the aid of ONE DD-AA diagram (Assume the economy is currently at its long-run equilibrium and all accounts are in balanced. Also, compare the new equilibrium to the initial equilibrium).

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