Westonci.ca is the ultimate Q&A platform, offering detailed and reliable answers from a knowledgeable community. Get immediate and reliable answers to your questions from a community of experienced professionals on our platform. Our platform offers a seamless experience for finding reliable answers from a network of knowledgeable professionals.
Sagot :
At the equilibrium real interest rate in the open-economy macroeconomic model, the equilibrium quantity of loanable funds equals national saving. So, option (d) will be the relevant answer.
Give a brief account on open economy.
A type of economy known as a "open economy" is one in which entities from other countries trade goods in addition to those produced domestically (goods and services). Technology transfers, managerial exchanges, and the exchange of a wide range of goods and services are all examples of trade. There are some exceptions that cannot be traded, such as a country's railway services, which cannot be exchanged for the service with another nation.
In contrast, a closed economy prohibits foreign trade and financial transactions. Exporting is the process of offering goods or services to customers in another nation. Importing is the process of acquiring products or services from a foreign nation. International trade refers to both importing and exporting.
To know more about, open economy, visit :
https://brainly.com/question/10074981
#SPJ1
We appreciate your time on our site. Don't hesitate to return whenever you have more questions or need further clarification. Thanks for stopping by. We strive to provide the best answers for all your questions. See you again soon. Westonci.ca is committed to providing accurate answers. Come back soon for more trustworthy information.