Question: Context; Knowing that Canada is a small open economy, we learn that the retirement age will now be 68 instead of 65. 1. How will

Context;

Knowing that Canada is a small open economy, we learn that the retirement age will now be 68 instead of 65.

1. How will this change affect national investment, national savings, capital outflow and net exports?

Briefly explain your answer for each points blow;

  • National investment;
  • National savings;
  • Capital outflow;
  • Net exports;

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