File: Open Economy Macroeconomics Pdf 129752 | Unit02 Oem
open economy macroeconomics unit 2 elasticity approach to the balance of payments 1 aim there is an important question we have to answer does a devaluation always improve the current ...
Filetype PDF | Posted on 02 Jan 2023 | 2 years ago
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...Open economy macroeconomics unit elasticity approach to the balance of payments aim there is an important question we have answer does a devaluation always improve current account this are going deal with main identities for study someopeneconomyidentities in gdp differs from that closed because additional injection export expenditure also leakage import thus identity y c i g x m if deduct taxation t both sides equation yd and consider private savings s can rearrange eq so openeconomymultipliers ca cy sa sy weassumet ma my ia ga xa ifwesubstitute all these equations first...