Essay
A large open economy has desired national saving of Sd = 1200 + 1000 rw,and desired national investment of Id = 1000 - 500rw.The foreign economy has desired national saving of = 1000 + 1000rw,and desired national investment of
= 1800 - 500rw.Calculate the equilibrium values of rw,CA,CAFor,S,I,SFor,and IFor.
Correct Answer:

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In equilibrium,Sd +
= Id +
so ...View Answer
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Correct Answer:
Verified
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