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

question 100

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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:

Plagioclase Feldspar

A group of common rock-forming silicate minerals that are significant components of many igneous rocks.

Potassium Feldspar

A very common silicate mineral that contains potassium; synonym: K-feldspar.

Meteorite

A solid piece of debris from an object, such as a comet, asteroid, or meteoroid, that originates in outer space and survives its passage through the Earth's atmosphere to reach the ground.

Nonsilicates

Minerals that do not contain silicon-oxygen tetrahedra, including classes like oxides, sulfides, and carbonates.

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