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In an open economy an increase in the real exchange rate: O a. leads to a fall in net exports and shifts the IS curve
In an open economy an increase in the real exchange rate: O a. leads to a fall in net exports and shifts the IS curve to the left. O b. leads to a fall in net exports and shifts the IS curve to the right. O c. leads to a fall in net exports and shifts the LM 1 curve to the right. O d. leads to higher net exports and shifts the LM curve 25 to the left
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