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    Business
  3. Study Set
    Economics for Business
  4. Exam
    Exam 27: The Balance of Payments and Exchange Rates
  5. Question
    Are the Following Shocks Internal or External
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Are the Following Shocks Internal or External

Question 2

Question 2

Essay

Are the following shocks internal or external?
(a) An increase in the marginal propensity to save
(b) A fall in the demand for exports
(c) An increase in the rate of income tax
(d) A recovery in the world economy

Correct Answer:

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