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Which of the below statements are correct, all other things remaining the same, in an open economy. The FE line will be flatter on a
Which of the below statements are correct, all other things remaining the same, in an open economy. The FE line will be flatter on a diagram the smaller the marginal propensity to import. The FE line will be flatter on a diagram the more interest elastic are capital flows. The FE line will be steeper on a diagram the larger the level of exports. Both a and b above are correct
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