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A country's economy is described with the following parameters: Y=8500, G=1700, T=500, C=300+(1/2)(y- T), I=2500-30r, NX=1200-150Excangerate, and ris 11 (world terest rates). Find equilebrium exchange
A country's economy is described with the following parameters: Y=8500, G=1700, T=500, C=300+(1/2)(y- T), I=2500-30r, NX=1200-150Excangerate, and ris 11 (world terest rates). Find equilebrium exchange rate approximately for this country. Select one: a. 5.80 b. 8.00 c. 7.13 d. 2.80 e. 9.80
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