Question of 11 Stacked The Open Economy -- Work It Out: Question 1 Consider an economy with the given equations • Y =C+I
Posted: Sun May 08, 2022 9:12 am
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=
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=