Explanation in sentences

Blackboard X X CO Remaining Time: 54 minutes, 55 seconds. Question Completion Status: Felicia is an open economy where no financial markets exist, the Marshall-Lerner condition is met, and whose initial equilibrium is the pair (1,1') in the figure below. Explain which policy mix would allow Felicia to reach a new equilibrium with an unchanged level of income and positive net exports. When answering, verbally describe how the policy mix you propose affects the position in the plane of each of the three curves represented in the graph. -$50 DD NX and Submit to save and submit. Click Save All Answers to save all answers