Open economy, Y0 (there is a capital flow into the economy). Stable inflation. A. Describe using the four diagrams (Interest rate- Y, CF - r, Import surplus - real exchange rate, AD-IA) the initial point of the short run equilibrium. Make sure to note all the variables on the axis. Is there a deficit or surplus in the goods and services account (i.e. is IM-EX>0, IM-EX