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Discuss the impacts of the expansionary monetary policy

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Reference no: EM133536310

Problem: As a result of the coronavirus pandemic, many countries used either expansionary monetary policy or expansionary fiscal policy to stimulate economic growth, e.g., the USA and Australia. Under a floating exchange rate system, use appropriate diagrams to compare and contrast the impacts of the expansionary monetary policy vs the expansionary fiscal policy on the output and the current account in the short run and long run.

Reference no: EM133536310

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