Question
Rivendell, a small open economy, manages to have a national savings equal to 1,001. Its investments are worth 500. If the equation for net export
Rivendell, a small open economy, manages to have a national savings equal to 1,001. Its investments are worth 500. If the equation for net export is given by
NX = 2500 - 200?
what is the real exchange rate? Round to the nearest hundredth decimal place (2 decimal places).
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To find the real exchange rate well use the equation NX SI Where NX Net ...
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International Economics Theory and Policy
Authors: Paul R. Krugman, Maurice Obstfeld, Marc J. Melitz
9th Edition
978-0132146654, 0132146657, 9780273754091, 978-0273754206
