Question
Suppose Canadian citizens decide to save a larger fraction of their incomes due to COVID-19. Apply open-economy macroeconomic model to predict its effect on Canadian
Suppose Canadian citizens decide to save a larger fraction of their incomes due to COVID-19. Apply open-economy macroeconomic model to predict its effect on Canadian real interest rate, domestic investment, NCO, real exchange rate and net export.
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Capital In The Twenty-First Century
Authors: Thomas Piketty, Arthur Goldhammer
1st Edition
067443000X, 9780674430006
