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In a small open economy with a flexible exchange rate, what will an expansionary fiscal policy cause?
Compounded Semi-annually
Interest calculation method where the invested sum earns interest twice a year, and this interest is added to the principal for the computation of future interest.
Semi-annual Deposits
Deposits that are made twice a year into a financial account.
Retirement Fund
Financial resources that have been saved or accumulated to support a person's living expenses after they cease working.
Compounded Annually
Interest calculation method where the profit earned is added to the principal annually, enhancing the subsequent year's earnings.
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