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    Principles of Economics Study Set 7
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    Exam 32: A Macroeconomic Theory of the Open Economy
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    Refer to Budget in Recession
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Refer to Budget in Recession

Question 11

Question 11

Essay

Refer to Budget in Recession. What does this change in the deficit do to net capital outflows? Defend your answer.

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Net capital outflow falls because the do...

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