In a small open economy, describe what happens when an increase in wealth causes national saving to

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In a small open economy, describe what happens when an increase in wealth causes national saving to decline. Explain the impact on the real interest rate, saving, investment, net exports, and absorption in equilibrium.

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Macroeconomics

ISBN: 9780134167398

9th Edition

Authors: Andrew B. Abel, Ben Bernanke, Dean Croushore

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Question Posted: Apr 30, 2024 01:00 AM

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In a small open economy, describe what happens when an increase in wealth causes national saving to

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Macroeconomics

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