14. Consider a small open economy with the following information: Sd= 30 + 20 r Id= 60 - 10 r Y = 80, G = 5, C=43 What is the value of the world interest rate r? A. 0.05 B. 0.075 C. 0.10 D. 0.125 THE ABOVE INFORMATION WAS ALL THAT WAS GIVEN. Please show work and highlight answe

14. Consider a small open economy with the following information: Sd= 30 + 20 r Id= 60 - 10 r Y = 80, G = 5, C=43 What is the value of the world interest rate r? A. 0.05 B. 0.075 C. 0.10 D. 0.125 THE ABOVE INFORMATION WAS ALL THAT WAS GIVEN. Please show work and highlight answe

Brief Principles of Macroeconomics (MindTap Course List)

8th Edition

ISBN:9781337091985

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter13: Open-economy Macroeconomics: Basic Concepts

Section: Chapter Questions

Problem 2CQQ

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