Page 1 of 1

In the presence of an inflationary shock, does the central bank raise interest rates more in a closed or in an open econ

Posted: Mon Apr 18, 2022 9:17 am
by answerhappygod
In the presence of an inflationary shock, does the central bank
raise interest rates more in a closed or in an open economy?
Explain using the 3-equation model in open economy.