Copyright©2004 South-Western 32 32 A Macroeconomic Theory of the Open Economy
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Copyright©2004 South-Western
3232A Macroeconomic
Theory of the Open Economy
Copyright©2004 South-Western
Figure 1 The Market for Loanable Funds
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Figure 2 The Market for Foreign-Currency Exchange
Copyright©2004 South-Western
Figure 3 How Net Capital Outflow Depends on the Interest Rate
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Figure 4 The Real Equilibrium in an Open Economy
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Figure 5 The Effects of a Government Budget Deficit
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Figure 6 The Effects of an Import Quota
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Figure 7 The Effects of Capital Flight
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