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A Small Open Economy Reduces Its Desired Saving

question 92

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A small open economy reduces its desired saving.This causes the world real interest rate to ________ and the country's current account balance to ________


Definitions:

Flextime Schedules

A work arrangement that allows employees flexibility in choosing their working hours within agreed limits.

Telecommute

The practice of working from a remote location, typically one's home, using the internet and telecommunications technology.

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