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LECTURE 3: THE MUNDELL-FLEMING MODEL -- MONETARY & FISCAL POLICY, AND ADJUSTMENT

LECTURE 3: THE MUNDELL-FLEMING MODEL -- MONETARY & FISCAL POLICY, AND ADJUSTMENT. Question 1 : What are the implications of monetary & fiscal policy for income & the balance of payments, at a given exchange rate?

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Reserve flows - PowerPoint PPT Presentation

LECTURE 3: THE MUNDELL-FLEMING MODEL -- MONETARY &amp; FISCAL POLICY, AND ADJUSTMENT

LECTURE 3: THE MUNDELL-FLEMING MODEL -- MONETARY & FISCAL POLICY, AND ADJUSTMENT