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Business, 24.03.2020 20:15 simon88

Assume you run the central bank of a large open economy with floating exchange rates. Output, unemployment and inflation are where you want them to be. Now the fiscal authorities pass a large tax cut. What policy should you follow to stabilize output? What effects do you anticipate?

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Assume you run the central bank of a large open economy with floating exchange rates. Output, unempl...

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