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Assignment 1 With the ai of a diagram, explain the impact on the Ghanaian economy when is a decrease in interest rates in the U.S.

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Assignment 1 With the ai of a diagram, explain the impact on the Ghanaian economy when is a decrease in interest rates in the U.S. In your answer, clearly indicate the effect on income, rate of interest, current account and capital account. (Show your answer with the help of an IS-LM-BP diagram and explain the economics.) Assuming fixed exchange rates and no capital mobility, explain the impact of a devaluation of the domestic currency. In your answer, clearly indicate the effect on income, rate of interest, and current account. (Show your answer with the help of IS- LM-BP diagram and explain the economics.)

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