In a world with two large open economies, what determines the world real interest rate? What relationship

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In a world with two large open economies, what determines the world real interest rate? What relationship between the current accounts of the two countries is satisfied when the world real interest rate is at its equilibrium value?

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Macroeconomics

ISBN: 126168

8th Edition

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

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