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    Macroeconomics Study Set 11
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    Exam 18: The Goods Market in an Open Economy
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    Explain Why the Multiplier in an Open Economy Is Different
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Explain Why the Multiplier in an Open Economy Is Different

Question 29

Question 29

Essay

Explain why the multiplier in an open economy is different from the multiplier in a closed economy.

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In a closed economy,the effects of any c...

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