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Business, 10.05.2021 19:20 wubzwaters

A small open economy with a floating exchange rate is initially at equilibrium A with IS*1, LM*1, equilibrium exchange rate e2, and equilibrium output Y1. If there is an increase in government spending to IS*2, the new equilibrium will be at , holding everything else constant.

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A small open economy with a floating exchange rate is initially at equilibrium A with IS*1, LM*1, eq...
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