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In the large open economy model with a floating exchange rate, a contractionary fiscal policy in Europe will lead U.S. income: Question 11Select one: A.

In the large open economy model with a floating exchange rate, a contractionary fiscal policy in Europe will lead U.S. income: Question 11Select one: A. and net exports both to fall. B. to rise and net exports to fall. C. to fall and net exports to rise. D. and net exports both to rise

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