Question
2) Circle if any of the following hold true with respect to the MacDougall model a. Investors invest more to countries with higher rates of
2) Circle if any of the following hold true with respect to the MacDougall model
a. Investors invest more to countries with higher rates of return
b. Investors invest more in countries which have less home capital
c. Capital flows are unidirectional
d. Rates of return equalize if capital flows are permitted 3)
Comment on which of the points in (2) hold true in reality?
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Local Public Finance
Authors: René Geissler, Gerhard Hammerschmid, Christian Raffer
1st Edition
3030674681, 978-3030674687
