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Mongoliaexperiencedin2017agreaterdemandforcoalfromother countries.The greater demand incentivized an investment surge in the mining sector.You canassumethatMongoliaisasmallopeneconomyintheinternationalfundsmarketandthat Mongolia has a current account deficit, CA MNG <0. Stateandbrieflyexplaintheeffectsoftheexogenousincreaseincurrentinvestmentoni)currentfull-employment,N1,ii)currentfull-employmentoutput,Y1,andiii)futurefull-employment output,Y2.

Mongoliaexperiencedin2017agreaterdemandforcoalfromother countries.The greater demand incentivized an investment surge in the mining sector.You canassumethatMongoliaisasmallopeneconomyintheinternationalfundsmarketandthat Mongolia has a current account deficit, CA MNG<0.

Stateandbrieflyexplaintheeffectsoftheexogenousincreaseincurrentinvestmentoni)currentfull-employment,N1,ii)currentfull-employmentoutput,Y1,andiii)futurefull-employment output,Y2.

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