Abstract
The model. Understanding the world as a whole is helpful in understanding a world of two (or three) regions. Take for instance an increase in world government purchases of 100. Then what will be the effect on world income? Similarly, take a 1 percent increase in world money supply.
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© 2000 Springer-Verlag Berlin Heidelberg
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Carlberg, M. (2000). The World as a Whole. In: Economic Policy in a Monetary Union. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-57290-6_10
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DOI: https://doi.org/10.1007/978-3-642-57290-6_10
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-642-63181-8
Online ISBN: 978-3-642-57290-6
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