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At the Equilibrium Interest Rate in the Open Economy Macroeconomic

question 36

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At the equilibrium interest rate in the open economy macroeconomic model,the equilibrium quantity of loanable funds equals


Definitions:

Octyl Acetate

An organic compound that is formed from the esterification of octanol with acetic acid, used as a flavor and odor agent.

Orange Odor

A characteristic smell associated with orange or citrus fruits, often due to the presence of compounds like limonene.

Acid Chloride

A class of organic compounds derived from carboxylic acids by replacing the hydroxyl group with a chlorine atom, used in organic synthesis.

Fischer Esterification

A chemical reaction that forms an ester upon the treating of an alcohol with a carboxylic acid in the presence of acid catalyst.

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