Mundell–Fleming model
Mundell–Fleming model is the IS–LM model for a small open economy.
Definition
According to Macroeconomics by Mankiw (7th edition),
- Mundell–Fleming model. The IS–LM model for a small open economy.
Mundell–Fleming model is the IS–LM model for a small open economy.
According to Macroeconomics by Mankiw (7th edition),