Brief Principles of Macroeconomics (MindTap Course List)
Brief Principles of Macroeconomics (MindTap Course List)
8th Edition
ISBN: 9781337091985
Author: N. Gregory Mankiw
Publisher: Cengage Learning
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Chapter 14.3, Problem 3QQ
To determine

The impact of smaller spending on savings, investment, interest rate, real exchange rate, and the trade balance of the economy.

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Students have asked these similar questions
How does a fall in the exchange rate cause an increase in the cost of raw imported materials?
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