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I. Assume that the economy is initially in its long-run equilibrium before each event hits the economy, with inflation \pi = \bar{\pi} = \pi^{*} and output Y = \bar{Y} = Y^{*}. The
PPT - Price Levels & the Exchange Rate in the Long Run PowerPoint Presentation - ID:9018137
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Exchange Rates in the Long Run - ppt download
Exchange rates in the long run
