Multiple Choice
Consider a small open economy with desired national saving of Sd = 200 + 10,000rw and desired investment of Id = 1,000 - 5,000rw.If rw = 0.05,and output = 5,000,then absorption equals
A) 5,100.
B) 5,050.
C) 4,950.
D) 4,900.
Correct Answer:
Verified
Correct Answer:
Verified
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