Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter23: The International Trade And Capital Flows
Section: Chapter Questions
Problem 12SCQ: If a country is running a government budget surplus, why is (T - G) on the left side of the...
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real exchange rate does not affect net capital outflow.
a. True
b. False"
Transcribed Image Text:In the open - economy macroeconomic model, the
real exchange rate does not affect net capital outflow.
a. True
b. False
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