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In a small open economy,
Sd = $5 billion + ($100 billion)rw,
Id = $10 billion - ($50 billion)rw,
Y = $50 billion,
G = $3 billion,
rw = .06.
(a)Calculate the current account balance.
(b)Calculate net exports.
(c)Calculate desired consumption.
(d)Calculate absorption.
Situation Assessment
An evaluation of the current state or conditions affecting a scenario or decision-making process.
Value Chain
A model that describes the full range of activities needed to create a product or service, from conception through distribution and after-sales service.
Overall Strategy
A comprehensive plan that outlines an organization's major goals and how it plans to achieve them over a long period.
Primary Activities
Activities in the value chain that are directly involved in the creation of a product or service, transformation, delivery, and after-sales service.
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