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The following equation is the national savings and investment identity for The Kingdom of the Outer Core (in billions of dollars): What is the equilibrium
The following equation is the national savings and investment identity for The Kingdom of the Outer Core (in billions of dollars): What is the equilibrium quantity of financial capital for The Kingdom of Outer Core? If currency depreciation causes a 100 billion drop in foreign savings inflows, what might also happen? An increase in private savings of a S100 billion An increase in private investment of $100 billion A decrease in private savings of a $100 billion Any of these could happen
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