As per the Mundell Fleming Model, under a floating exchange rate system, considering a contractionary monetary policy, what would be the effect on currency? Similarly, in a different scenario if there is a contractionary fiscal policy what would be the effect ...
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Economic growth and investment decisions doubt- In last LOS ie., growth in an open economy.. in neo classical theory in process of convergnce 1st point… why do developing countries have low K/L? And how does low K/L results in higher ...