Question
The Reserve bank of South Africa recently increased the repo rate. Assuming South Africa is a small open economy (fluctuating exchange rate), using the IS-LM-IP
The Reserve bank of South Africa recently increased the repo rate. Assuming South Africa is a small open economy (fluctuating exchange rate), using the IS-LM-IP framework, illustrate and explain the effects of contractionary monetary policy
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International Trade
Authors: John McLaren
1st edition
0470408790, 978-0470408797
