Question
In the foreign exchange market diagram, expansionary fiscal policy causes a small open economy's ____ curve to shift and its real exchange rate to ____.
In the foreign exchange market diagram, expansionary fiscal policy causes a small open economy's ____ curve to shift and its real exchange rate to ____.
a
net capital outflow; rise
b
net capital outflow; fall
c
net exports; rise
d
net exports; fall
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Economics for Managers
Authors: Paul G. Farnham
3rd edition
132773708, 978-0133561128, 133561127, 978-0132773706
