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A Macroeconomic Theory of the Open-Economy

A Macroeconomic Theory of the Open-Economy. Outline:. Develop a model to study forces that determine the open economy variables (NX, NFI, RER) How are these variables related to one another? . Assumptions . Real GDP is determined by factor supplies and level of technology

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Nfi reduces - PowerPoint PPT Presentation

A Macroeconomic Theory of the Open-Economy