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Consider the following actions/occurrences listed in the first column. For each one, use the AA-DD model to determine the impact on the variables from the
Consider the following actions/occurrences listed in the first column. For each one, use the AA-DD model to determine the impact on the variables from the twin-deficit identity listed along the top row. Consider the final equilibrium short-run effects. Use the following notation: + the variable increases - the variable decreases 0 the variable does not change A the variable change is ambiguous (i.e., it may rise, it may fall)
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