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A number of currency crises have affected certain countries, which have also resulted in contagion in the sense that the crises affected neighboring countries. In a critical essay, select a country (or countries) affected by a specific currency crisis. Analyze the source of the crisis, and the specific resolution of the issue. Indicate whether the International Monetary Fund (IMF) or another sovereign state or country provided intervention. Has the country's economy recovered since the conclusion of the crisis? Support your findings with additional academic references.
Directions:
Explain the tools used to pursue expansionary and contractionary fiscal policy. During which phases of the business cycle would each be appropriate Explain what is meant by a built-in stabilizer and give two examples
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