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    Principles of Macroeconomics Study Set 11
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    Exam 20: Open-Economy Macroeconomics: the Balance of Payments and Exchange Rates
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    Compare and Contrast the Impact on the Economy of an Increase
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Compare and Contrast the Impact on the Economy of an Increase

Question 14

Question 14

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Compare and contrast the impact on the economy of an increase in government spending in a closed economy to that of an open economy. Explain.

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The increase in government spending will...

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