Describe the effects of a monetary expansion in the AS-AD model under the assumption of flexible exchange rates. What wo

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Describe the effects of a monetary expansion in the AS-AD model under the assumption of flexible exchange rates. What wo

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Describe the effects of a monetary expansion in the AS-AD model
under the assumption of flexible exchange rates. What would the
effects of a fiscal expansion under flexible exchange rates and
why? (1000 words)
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