In the Open-Economy Macroeconomic Model, at the Equilibrium Real Interest

question 100

True/False

In the open-economy macroeconomic model, at the equilibrium real interest rate, the amount that people (including government) want to save equals desired quantities of domestic investment and net capital outflow.

---

Definitions:

Hypothesis Testing

A statistical method used to determine the likelihood that a hypothesis about a data set is true.

Research Study

A systematic investigation aimed at discovering new knowledge or understanding existing information through a defined procedure.

Behavioral Intention

An individual's conscious plan or decision to exert effort to perform a particular behavior, often influenced by attitudes towards the behavior and subjective norms.

Theory of Reasoned Action

A psychological theory that predicts an individual's behavior based on their intention to perform that behavior, which is influenced by attitudes towards the behavior and subjective norms.