Question
28) If the intersection of the IS and LM schedules lies above the BP curve, then A) there is a balance of payments surplus. B)
28) If the intersection of the IS and LM schedules lies above the BP curve, then
A) there is a balance of payments surplus.
B) there is a balance of payments deficit.
C) the three curves are in equilibrium.
D) net foreign investment is decreasing.
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Fundamentals of Investments Valuation and Management
Authors: Bradford D. Jordan, Thomas W. Miller
5th edition
978-007728329, 9780073382357, 0077283295, 73382353, 978-0077283292
