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Consider a domestic economy initially in a long-run equilibrium at the full-employment level of output Y. Suppose there is a permanent decrease in money supply

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Consider a domestic economy initially in a long-run equilibrium at the full-employment level of output Y. Suppose there is a permanent decrease in money supply in this econ- omy. Use the AA-DD-XX model to analyze the effects of this policy on the economy. Specifically, discuss the effects on output, exchange rate, and the current account

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