Solution-Reduction in export expenditure

Reduction in export expenditure

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Reference no: EM131253717

Explain why a reduction in export expenditure might result in the economy temporarily operating at less than potential GDP. Explain why this is temporary. If the government considers that operating at less than potential GDP-even for a short period - is unacceptable, explain how government policy might be used to move the economy to potential GDP.

Reference no: EM131253717

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Reduction in export expenditure

Reference no: EM131253717

Reference no: EM131253717

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