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Macroeconomics 14th Edition by William Baumol,Alan Blinder,John Solow
Edition 14ISBN: 978-1337794985Macroeconomics 14th Edition by William Baumol,Alan Blinder,John Solow
Edition 14ISBN: 978-1337794985 Exercise 9
*Suppose that the United States were running a currentaccount deficit. How would each of the following changes influence the size of the current-account deficit?
a. a recession in the United States
b. a decline in the attractiveness of investment opportunities in the United States
c. an improvement in investment opportunities abroad
a. a recession in the United States
b. a decline in the attractiveness of investment opportunities in the United States
c. an improvement in investment opportunities abroad
Explanation
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a. The current account measures all the ...
Macroeconomics 14th Edition by William Baumol,Alan Blinder,John Solow
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