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Ao9 Ao9
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Posts: 1908
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8 years ago
In a two-period model, as long as wealth effects are small, an increase in the world real interest rate
A) increases consumption and increases the current account surplus.
B) decreases consumption and decreases the current account surplus.
C) decreases consumption and increases the current account surplus.
D) increases consumption and decreases the current account surplus.
Textbook 
Macroeconomics

Macroeconomics


Edition: 5th
Author:
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GordisGordis
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Posts: 1906
8 years ago
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Ao9 Author
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8 years ago
Solved!!
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8 years ago
Please mark it solved once you get a chance.
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