Use the Mundell-Fleming Model (IS*-LM* Model) to graphically illustrate the effects to the economy to each of the following shocks. For each shock graphically illustrate the effects under both a floating and fixed exchange rate system. [i. e. Each part will have two (2) graphs showing each exchange rate system]. a. An import tariff (tax on imports)
b. An decrease in consumer confidence about the future economy which induces households to spend less and save more.
c. An expansionary fiscal policy.

answer$22,000 ;

two years ago, when picking flowers in the mountains back of yosemite valley, i found a book. it was blotted and storm-beaten; all of its outer pages were mealy and crumbly. the paper seemed to dissolve like the snow beneath which it had been buried, however; many of the inner pages were well preserved. and although all were more or less stained and torn, whole chapters were easily readable. this is the condition of the great open book of yosemite glaciers today; its granite pages have been torn and blurred by the same storms that wasted the castaway book.

two years ago, when picking flowers in the mountains back of yosemite valley; i found a book. it was blotted and storm-beaten, all of its outer pages were mealy and crumbly. the paper seemed to dissolve like the snow beneath which it had been buried, however, many of the inner pages were well preserved. and although all were more or less stained and torn; whole chapters were easily readable. this is the condition of the great open book of yosemite glaciers today, its granite pages have been torn and blurred by the same storms that wasted the castaway book.