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The United States is a large open economy with a trade deficit. Use the appropriate graphs to illustrate and then state what the equal increases in taxes and government purchases would do to each of the following in the long run: national saving, the U.S. real interest rate, the amount of investment, net capital outflows, the real exchange rate, and the trade deficit.

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M91720594

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