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In the context of a small open economy with national savings independent of the interest rate an increase in taxation will increase the real interest rate B reduce the level of

In the context of a small open economy with national savings independent of the interest rate, an increase in taxation will A) increase the real interest rate. B) reduce the level of net exports. C) increase net capital outflow. D) reduce the level of national savings.

Jun 04 2020 View more View Less

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