Question: Consider the (Small) Open-Economy Loanable Funds Model. Identify using a symbol and name each exogenous factorin the model. Identify using a symbol and name each
- Consider the (Small) Open-Economy Loanable Funds Model.
- Identify using a symbol and name each exogenous factorin the model.
- Identify using a symbol and name each endogenous factor in the model.
- Name and describe supply in this model?
- Name and describe demand in this model?
- Describe how and why the rate of interest () differs between this model and the Closed Economy Loanable Funds Model?
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