Appreciation of domestic currency affects domestic output

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Using the IS/LM/BP model and assuming perfect capital mobility, explain : how a decrease in foreign income affects domestic output. how an appreciation of the domestic currency affects domestic output.

Reference no: EM13999722

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Appreciation of domestic currency affects domestic output : Using the IS/LM/BP model and assuming perfect capital mobility, explain : how a decrease in foreign income affects domestic output. how an appreciation of the domestic currency affects domestic output.
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