text Problem 2. Currency Crisis from Bad Fundamentals Suppose that the price level in Thailand is determined by domestic money supply, Mg, and money
demand, L(Y¢, it). The foreign price level in the US, P
text Problem 2. Currency Crisis from Bad Fundamentals Suppose that the price level in Thailand is determined by domestic money supply, Mg, and money
demand, L(Y¢, it). The foreign price level in the US, P