Question
In an open economy using an expansionary fiscal policy of say increased G spending to increase output, how would it effect the nominal domestic interest
In an open economy using an expansionary fiscal policy of say increased G spending to increase output, how would it effect the nominal domestic interest rate and the nominal domestic exchange rate?
Are there changes or are the changes ambiguous?
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
