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Introduction to Macroeconomics TOPIC 5: The IS-LM …

Introduction to Macroeconomics TOPIC 5: The IS-LM …

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Introduction to Macroeconomics TOPIC 5: Open Economy. 2.3. The goods market in open economy - Depreciation Indirect e ects of a depreciation: Net exports increase (Marshall-Lerner), the NX line shifts up, which leads to an increase in domestic output and …

  Macroeconomics, Introduction, Topics, Introduction to macroeconomics topic 5

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