Major Improvements in Computer Information Technology and Communications in the Late

question 51

Essay

Major improvements in computer information technology and communications in the late 1990s fueled an increase in investment demand in the United States, which is a large open economy. What is the predicted impact of this increased investment demand in the United States on the U.S. interest rate, the U.S. exchange rate, and U.S. net exports, holding other factors constant? Illustrate your answer graphically and explain in words.

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Definitions:

Duodenum

First part of the small intestine, where chyme enters from the stomach.

Peptidases

Enzymes that break down peptides into amino acids by cleaving the peptide bonds between amino acids.

Small Intestine

In vertebrates, the portion of the digestive tract that precedes the large intestine. In humans, consists of the duodenum, jejunum, and ileum.

Cardiovascular Disease

A class of diseases that involve the heart or blood vessels, including coronary artery disease and stroke.