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    Exam 12: An AD As Model of the Inflation Rate and Real GDP
  5. Question
    Explain Why Monetary Policy in an Open Economy with a Flexible
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Explain Why Monetary Policy in an Open Economy with a Flexible

Question 150

Question 150

Essay

Explain why monetary policy in an open economy with a flexible exchange rate might have stronger effects on AD than monetary policy in a closed economy.

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In an open economy with flexible exchang...

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