Explain the mundel - fleming model of open economy.
Answers
Answered by
0
Answer:
The Mundell-Fleming Model (MFM) describes the workings of a small economy open to international trade in goods and financial assets, and provides a framework for monetary and fiscal policy analysis.The basic framework is a static, non-microfounded model extending the Keynesian IS-LM model.
Attachments:
Similar questions
History,
6 months ago
Environmental Sciences,
6 months ago
History,
6 months ago
Physics,
1 year ago
English,
1 year ago