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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
  5. Question
    Write Out the Equation for the Open-Economy Multiplier
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Write Out the Equation for the Open-Economy Multiplier

Question 12

Question 12

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Write out the equation for the open-economy multiplier.

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The open-economy where MPC is...

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