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Under a flexible exchange rate regime, using the AA-DD framework, explain why a temporary increase in money supply has no effect on output if the
Under a flexible exchange rate regime, using the AA-DD framework, explain why a temporary increase in money supply has no effect on output if the economy is in a liquidity trap
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Principles Of Economics
Authors: Robert H. Frank, Ben Bernanke Professor, Kate Antonovics, Ori Heffetz
6th Edition
0078021855, 9780078021855
