Question Of 11 Stacked The Open Economy Work It Out Question 1 Consider An Economy With The Given Equations Y C I 1 (20.82 KiB) Viewed 26 times
Question Of 11 Stacked The Open Economy Work It Out Question 1 Consider An Economy With The Given Equations Y C I 2 (22.73 KiB) Viewed 26 times
Question of 11 Stacked The Open Economy -- Work It Out: Question 1 Consider an economy with the given equations • Y =C+I+G+NX • Y = 56000 • G = $1000 • T=$1200 • C = $300+ 0.60(Y-T) • I1050-451 • NX = 1585 - 1585 Tr7 c. Suppose that the world interest rate rises from 7 to 14 percent. Solvo for private saving. public saving, national suving, investment, the trade balance, and the equilibrium exchange rate. Assume that G is equal to 1400 from the last part of this problem Private savings Public savings = $
c. Suppose that the world interest rate rises from 7 to 14 percent. Solve for private saving, public saving, national saving. investment, the trade balance, and the equilibrium exchange rate. Assume that G is equal to 1400 from the last part of this problem. Private suvings = $ Public savings National savings Investments Net exports (trade balance) S Exchange rate=
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