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Suppose That SA Citizens Start Saving More

question 56

Essay

Suppose that SA citizens start saving more.What does this imply about the supply of loanable funds and the equilibrium real interest rate? What happens to the real exchange rate?


Definitions:

Simplify Expression

The process of reducing an algebraic expression to its simplest form.

Perimeter

The total length of the sides or edges of a two-dimensional shape.

Remaining Piece

The part left over or remaining after a portion has been used, separated, or removed.

Conjugate

In mathematics, refers to a component that is paired with another but differs in some way, commonly used in complex numbers where it involves changing the sign of the imaginary part.

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