What is the effect of a fiscal expansion on output

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Reference no: EM131144780

What is the effect of a fiscal expansion on output and interest rates when exchange rates are fixed and capital is perfectly mobile? Show this rigorously, using the model developed in Section 12-5.

Reference no: EM131144780

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What is the effect of a fiscal expansion on output : What is the effect of a fiscal expansion on output and interest rates when exchange rates are fixed and capital is perfectly mobile? Show this rigorously, using the model developed in Section 12-5.

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