Question
The DD-AA model predicts there will be no change in current account when new payment technology is introduced to the country such that households no
"The DD-AA model predicts there will be no change in current account when new payment technology is introduced to the country such that households no longer use cash as the primary method of making payments permanently." True/False/Uncertain, explain with the aid of ONE DD-AA diagram.
Note: Compare your answer to the initial equilibrium.
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Crafting and Executing Strategy The Quest for Competitive Advantage
Authors: Arthur Thompson, Margaret Peteraf, John Gamble, A. J. Strickland III
19th edition
78029503, 978-0078029509
