8. Consider the economy of Opulenza. In Opulenza, domestic investment of $400 million earned $15 million in
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8. Consider the economy of Opulenza. In Opulenza, domestic investment of $400 million earned $15 million in capital gains during 2009. Opulenzans purchased
$160 million in new foreign assets during the year; foreigners purchased $120 million in Opulenzan assets. Assume the valuation effects total $5 million in capital gains.
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