In the open-economy macroeconomic model,the
A) exchange rate adjusts to equate private saving with the sum of investment,net exports,and net capital outflow.
B) exchange rate adjusts to equate national saving with the sum of investment and net capital outflow.
C) interest rate adjusts to equate private saving with the sum of investment,net exports,and net capital outflow.
D) interest rate adjusts to equate national saving with the sum of investment and net capital outflow.
Correct Answer:
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