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Consider a twoperiodliyed small open economy with output leyels Y] in period 1 and Y: in period 2 end facing aworld real interest rate 1.

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Consider a twoperiodliyed small open economy with output leyels Y] in period 1 and Y: in period 2 end facing aworld real interest rate 1"\". The economy has no initial wealth. There is no physical investment or government spending in each period. The residents of the economy prefer to maintain a perfectly smooth con sumption pattern, Cl = C: = C. Assume that Y1 = 150, Y2 = 260, and 5\"\" = 5%. Use the information to determine the following. {Round your answers to two decimal places.) Consumption in each period, C _ Current account in period 1, CA1 _ The economy was a with the rest ofthe world in period 1 . Net exports in period 2, NX; Net fact or income from abroad in period 2, NFPg

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