Consider a small open economy in equilibrium with a zero current account balance. What happens to national
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Question:
Consider a small open economy in equilibrium with a zero current account balance. What happens to national saving, investment, and the current account balance in equilibrium if
a. future income rises?
b.business taxes rise?
c.government expenditures decline temporarily?
d.the future marginal product of capital rises
Related Book For
Macroeconomics
ISBN: 978-0321675606
6th Canadian Edition
Authors: Andrew B. Abel, Ben S. Bernanke, Dean Croushore, Ronald D. Kneebone
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