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Consider a small open economy. The saving curve is given by s(r ) = 100 + 2000r,. The investment curve is given by /(r )
Consider a small open economy. The saving curve is given by s(r ) = 100 + 2000r,. The investment curve is given by /(r ) =300 -1000r, Let the interest rate by 5%. Then the economy's current account balance is O a. -50 O b. 50 O c. -200 O d. 200
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