Consider the economy of Opulenza. In Opulenza, domestic investment of $400 million earned $15m in capital gains

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Consider the economy of Opulenza. In Opulenza, domestic investment of $400 million earned $15m in capital gains during 2009. Opulenzans purchased $160m in new foreign assets during the year; foreigners purchased $120m in Opulenza assets. Assume the valuation effects total $5m in capital gains. Compute the change in external wealth for Opulenza

Posted Date: Jun 23, 2024 02:09 AM

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Consider the economy of Opulenza. In Opulenza, domestic investment of $400 million earned $15m in capital gains

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