Question: 5 QUESTION 13 Use the following environment for this question. Luxembourg is a small open economy. It is described by the following saving and investment
5

QUESTION 13 Use the following environment for this question. Luxembourg is a small open economy. It is described by the following saving and investment curves: S(r) =500r 1(r) =40 300r Next, suppose that the world interest rate increases to 5%. What will be Luxembourg 's current account balance? (The answer is an integer n a: number. If your answer is a negative number, type - in front of your answer)
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