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During the global financial crisis, the U.S. enacted expansionary U.S. monetary policies that led to lower...

During the global financial crisis, the U.S. enacted expansionary U.S. monetary policies that led to lower interest rates in that country. Use the IS/LM/BP model to show the impact of the lower interest rates on foreign economies, and the choices that different exchange rate regimes (fixed vs. floating) presented them.

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