Economics Notes 11.26.07

Economics Notes 11.26.07 - S I = NCO Closed Economy: S = I...

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Open Economy National Savings = Investment Expenditures + NCO (net capital outflow) Net exports (NX) = NC) Import Textiles NX decreases Export $’s NCO decreases S = I + NCO
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Unformatted text preview: S I = NCO Closed Economy: S = I Trade deficit NCO = NX (-) Twin Deficits 1) Budget Deficit 2) Trade Deficit Natural rate of unemployment 5.2%...
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This note was uploaded on 01/26/2010 for the course ECON 101 taught by Professor Balon during the Spring '09 term at Linn Tech.

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