Using a Flow Chart, Illustrate the Effects of a Decrease

question 47

Essay

Using a flow chart, illustrate the effects of a decrease in government spending (G) in a country with floating exchange rates and highly mobile international capital.

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Definitions:

Pathways

Refers to the routes or courses of action that can be taken in order to achieve a specific goal or outcome.

Opportunity Identification

The process of finding new prospects or possibilities for business and economic growth.

Effectuating Opportunities

involves the process of making opportunities come to life, often by using what is available and adapting to emerging contingencies in entrepreneurial ventures.

Unique

Being the only one of its kind; unlike anything else.