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    Principles of Economics Study Set 7
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    Exam 32: A Macroeconomic Theory of the Open Economy
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    Refer to Budget in Recession
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Refer to Budget in Recession

Question 291

Question 291

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Refer to Budget in Recession. This change in the deficit causes the exchange rate to change. What does the change in the exchange rate do to net exports?

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Because the exchange...

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