Suppose the government share of GDP is 20 percent and the consumption, investment, and net export shares o GDP are 60, 15, and 5 percent, respectively. If the dollar exchange rate increases, then we would expect the government share of GDP to increase. the interest rate to decrease. the interest rate to increase. the government share of GDP to decrease. the net export share of GDP to increase. O O

Suppose the government share of GDP is 20 percent and the consumption, investment, and net export shares o GDP are 60, 15, and 5 percent, respectively. If the dollar exchange rate increases, then we would expect the government share of GDP to increase. the interest rate to decrease. the interest rate to increase. the government share of GDP to decrease. the net export share of GDP to increase. O O

Principles of Macroeconomics (MindTap Course List)

7th Edition

ISBN:9781285165912

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter18: Open-Economy Macroeconomics: Basic Concepts

Section: Chapter Questions

Problem 3QCMC

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