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i dont get this last part While the overall impact on exchange rates is somewhat uncertain, the output would rise more substantially than it would
i dont get this last part "While the overall impact on exchange rates is somewhat uncertain, the output would rise more substantially than it would with only fiscal expansion, without the anticipation of future monetary policy. The influence of the expected monetary policy occurs before the actual implementation of the policy
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Strategic Management And Business Policy Toward Global Sustainability
Authors: Thomas L. Wheelen, J. David Hunger
13th Edition
9780132998079, 132998076, 978-0132153225
