Question
President decides to increase the government expenditure to buy goods made in USA to help the economy during a recession. Analyze this policy by considering
President decides to increase the government expenditure to buy goods made in USA to help the economy during a recession. Analyze this policy by considering the increase in government epxenditure as a shock in IS-LM-BoP.
What are the effects on American products? Increase, decrease or Insufficient Data?
Effects on American interest rate? Increase, decrease or Insufficient Data?
Effects on American exchange rate? Increase, decrease or Insufficient Data?
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Macroeconomics
Authors: Paul Krugman, Robin Wells, Iris Au, Jack Parkinson
3rd Canadian edition
1319120083, 1319120085, 1319190111, 9781319190118, 978-1319120054
