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HOMEWORK 9 (CHAPTER 17 OUTPUT AND THE EXCHANGE RATE IN THE SHORT RUN) ECO41 FALL 2015 DAYAN ROY Each correct answer is worth 1 point. The maximum score is 20 points. This homework is due in class
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2015 Expansionary depreciates GNP contractionary macroeconomics ambiguously UDAYAN ECO41 ROY macroeconomic economys proportionally austerity decreases depreciate tariffs aggregate Yd worsens proportional recession exports improves imports nominal fiscal C

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