If the interest rate r* increases, what will happen to a countrys external wealth, other things equal?
Fantastic news! We've Found the answer you've been seeking!
Question:
If the interest rate r* increases, what will happen to a country’s external wealth, other things equal? |
a) It will not be affected. b) It will increase. c) It will decrease. d) It will depend on the sign of external wealth from the previous period. |
Related Book For
Microeconomics An Intuitive Approach with Calculus
ISBN: 978-0538453257
1st edition
Authors: Thomas Nechyba
Posted Date: