Macroeconomics
Macroeconomics
10th Edition
ISBN: 9780134896441
Author: ABEL, Andrew B., BERNANKE, Ben, CROUSHORE, Dean Darrell
Publisher: PEARSON
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Chapter 5, Problem 6AP
To determine

To explain: The effect of temporary adverse supply shock of a foreign country in the home country’s national saving, investment, current account balance, and world interest rate. Secondly, the effect of adverse supply shock when it occurs worldwide.

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