Multiple Choice
Which of the following is correct concerning the open-economy macroeconomic model?
A) The net-capital-outflow curve slopes upward.
B) The key determinant of net capital outflow is the real exchange rate.
C) The supply of dollars in the market for foreign-currency exchange is vertical.
D) None of the above is correct.
Correct Answer:
Verified
Correct Answer:
Verified
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