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- 2011-7-11
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the effects of a monetary expansion
| Please refer to P331 of Book 1-schwesernotes. It says that a monetary expansion would leade to a deterioration of the financial account and capital account. I thought that they were meant to balance out. If the change in one is positive, the change in the other should be negative? |
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发表于 2011-7-11 19:59
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