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Given the assumptions of perfect capital mobility and a fixed exchange rate system,discuss the effects of an increase in the money supply.Provide a graph of the open economy IS-LM model to illustrate.
Vancouver
A major city in western Canada, known for its vibrant culture, diverse population, breathtaking natural scenery, and significant economic contributions.
Billion People
Denotes a population count reaching one billion individuals globally.
Environmentally Sustainable Society
A society that operates in a manner that ensures the long-term health and viability of the environment and ecosystem services.
Earth's Capital
Refers to the planet's natural resources and ecosystems that provide essential goods and services for human survival and economic activity.
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