Examlex
A large open economy reduces its investment demand.This causes the world real interest rate to ________ and the country's current account balance to ________.
Detrimental Effects
Negative impacts or consequences that can harm or hinder someone or something's state, functioning, or well-being.
Gross National Product
The total value of all goods and services produced by a country's residents and businesses, including those produced abroad, over a specific time period.
Gross Domestic Product
A measure of the economic output of a country, calculating the total value of all goods and services produced over a specific time period.
Dollar Value
A measure of the worth of an item, service, or currency expressed in terms of the amount of money it can be exchanged for in U.S. dollars.
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