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According to the open-economy macroeconomic model, an increase in the Canadian government budget surplus increases Canadian net capital outflow, causes the real exchange rate of the dollar to depreciate, and increases Canadian net exports.
N Th Partial
Relates to the nth term in a sequence, often used in the context of partial sums.
N Th
Pertaining to an unspecified member of a sequence or series, representing a general or particular position.
Geometric Sequence
A series of numbers in which each subsequent term is derived by multiplying the term before it by a constant, non-zero figure referred to as the ratio.
Population
In statistics, population refers to the entire group of individuals or items that a study intends to investigate or draw conclusions from.
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