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    Principles of Macroeconomics Study Set 11
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    Exam 20: Open-Economy Macroeconomics: the Balance of Payments and Exchange Rates
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    -Using the Graph Above Assume the Dollar Is Currently at Point
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-Using the Graph Above Assume the Dollar Is Currently at Point

Question 78

Question 78

Essay

  -Using the graph above assume the dollar is currently at Point A. An decrease in income in the U.S. will cause a movement to which point?
-Using the graph above assume the dollar is currently at Point A. An decrease in income in the U.S. will cause a movement to which point?

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This will cause a mo...

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