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6 years ago
A large open economy can maintain a domestic interest rate below the foreign interest rate so long as the resulting capital account ________ is offset by an income level that produces an equal current account ________.
A) surplus, surplus
B) surplus, deficit
C) deficit, surplus
D) deficit, deficit
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Macroeconomics

Macroeconomics


Edition: 12th
Author:
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#2
6 years ago
This took a huge load off my back this semester
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