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In: Economics

Supposed in the fixed exchange rate regime, the Central Bank of Malaysia (BNM) is planned to...

Supposed in the fixed exchange rate regime, the Central Bank of Malaysia (BNM) is
planned to implement a revaluation policy of Ringgit Malaysia (RM) to the US dollar.
Using the IS-LM-BP model, briefly analyze the effect of this exchange rate policy on
the Malaysian economy under perfect capital mobility assumption.

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Expert Solution

Rahul Sunny answered 2 years ago
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