Question: Please Help with one Macro Economics question Suppose the U.S. is operating in an open economy. Suddenly, there is a large decrease in consumer spending
Please Help with one Macro Economics question
Suppose the U.S. is operating in an open economy. Suddenly, there is a large decrease in consumer spending (assume all else is equal). Use the 3 graph model to explain what happens to the real interest rate, net capital outflows, the real exchange rate, and net exports as a result of this change?
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