In the Small Open Economy in Equilibrium

question 41

Multiple Choice

In the small open economy in equilibrium:

• A) saving is fixed, and investment is determined by the investment function and the world interest rate.
• B) investment is fixed, and saving is determined by the saving function and the world interest rate.
• C) saving is fixed, and investment is determined by the trade balance.
• D) investment is fixed, and saving is determined by the trade balance.

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