8. How does an increase in desired national saving in a large open economy affect the world...

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8. How does an increase in desired national saving in a large open economy affect the world real interest rate? How does an increase in desired investment affect it? Why do changes in desired saving or investment in large open economies affect the world real interest rate but changes in desired saving or investment in small open economies do not?

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Macroeconomics

ISBN: 126148

6th Edition

Authors: Andrew B. Abel, Ben S. Bernanke, Dean Croushore

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