9. How are net exports, net factor payments from abroad, and the current account balance related? 10.

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9. How are net exports, net factor payments from abroad, and the current account balance related?

10. Explain the differences among the nominal interest rate, the real interest rate, and the expected real interest rate.

Which interest rate concept is the most important for the decisions made by borrowers and lenders? Why?

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Macroeconomics Global Edition

ISBN: 978-1292318615

10th Edition

Authors: Andrew Abel ,Ben Bernanke ,Dean Croushore

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