During the 1990s, strong U.S. economic growth contributed to the rise of stock markets values, making financial

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During the 1990s, strong U.S. economic growth contributed to the rise of stock markets’ values, making financial investment more attractive. At the same time, income growth spurred the demand for imports.
a. How would these factors change the value of the dollar?
b. How would these factors change the trade deficit?
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Macroeconomics

ISBN: 9780132109994

1st Edition

Authors: Glenn Hubbard, Anthony Patrick O'Brien, Matthew P Rafferty

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