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multiple choice Which of the following statements about the open-economy BP (balance-of-payments) curve is correct (a) Both the current account and the capital account must
multiple choice Which of the following statements about the open-economy BP (balance-of-payments) curve is correct (a) Both the current account and the capital account must be balanced on every point along the curve. (b) It would be vertical under 100% capital control. (c) It would shift upward when foreigners expect an increase in their future income. (d) None of the above
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