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Describe the effects of contractionary fiscal policy by the domestic government on output, the real interest rate, and net exports in both the domestic and

Describe the effects of contractionary fiscal policy by the domestic government on output, the real interest rate, and net exports in both the domestic and foreign country, using a Keynesian model.

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Effects of Contractionary Fiscal Policy in a Keynesian Model Domestic Economy Output GDP In a Keynesian model contractionary fiscal policy refers to a decrease in government spending G or an increase ... blur-text-image

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