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In the Open-Economy Macroeconomic Model, If the Real Exchange Rate

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In the open-economy macroeconomic model, if the real exchange rate of the U.S. dollar were above its equilibrium level, the real exchange rate of the U.S. dollar would appreciate.


Definitions:

Destinations

The intended end points or locations where goods or travelers are headed.

Degeneracy

In operations research, this refers to a situation where a linear programming problem has more than one optimal solution path, possibly leading to an indefinite number of solutions.

Transportation Problem

A type of optimization and allocation problem in which goods are to be delivered from several suppliers to several consumers at the lowest cost.

Filled Cells

In spreadsheet or database management, this refers to cells that have data entered in them, as opposed to being blank.

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