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Social Studies, 05.05.2020 17:26 kingofmortals2119
The recent crisis in Greece led to an increase in its risk premium. Using the IS-LM model for a small open economy, show the impact of this increase in risk premium on output, net exports, exchange rate, and investment. Do you think the results obtained from this model represent the real-world scenario? Why or why not? Discuss.
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The recent crisis in Greece led to an increase in its risk premium. Using the IS-LM model for a smal...
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