Define type of disturbance that would lead to more variation

Reference no: EM132133651

Question: After collapse of the Brettoh Woods system, the FLOATING EXCHAGE RATE ERA(floating among major economies or economic blocs) has been in palce.

Using a AA-DD diagram . Explain the type of disturbance that would lead to more variation in national income when the excahnge is floating rather than fixed.

Reference no: EM132133651

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