Elucidate a fall in gdp in the rest of the world


Impact of a fall in GDP in the rest of the world.

Using the IS/LM/BP model, demonstrate the effect of each of the following changes. Assume that the economy is a small country with perfect capital mobility and a fixed exchange rate. Elucidate a fall in GDP in the rest of the world.

 

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Business Economics: Elucidate a fall in gdp in the rest of the world
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