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What Are the Main Elements of Our Open-Economy Macroeconomic Model

Question 12

Multiple Choice

What are the main elements of our open-economy macroeconomic model?


A) the market for loanable funds, the foreign-currency market, and the price level
B) the market for goods and services, the price level, and GDP
C) the market for goods and services, net exports, and GDP
D) the market for loanable funds, net capital outflow, and the foreign-currency market

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