8. Analyze the effects on a large open economy of a temporary adverse supply shock that hits...
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8. Analyze the effects on a large open economy of a temporary adverse supply shock that hits only the foreign economy. Discuss the impact on the home country’s national saving, investment, and current account balanee—and on the world real interest rate. How does your answer differ if the adverse supply shock is worldwide?
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Macroeconomics Plus Myeconlab With Pearson Global Edition
ISBN: 377221
9th Canadian Edition
Authors: Andrew B. Abel ,Ben Bernanke ,Dean Croushore
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