Categories of balance of payments transactions
Define the three categories of balance of payments transactions
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Duke is personally in the maximum tax bracket and wishes to arrange Affairs so as to minimize his current taxes. A. How much is Ordinary Gross Income (OGI) for the year?
Analyze the effect of an increase in the foreign interest rate R* in the short run. Under which type of exchange rate is there a smaller effect on ouput- fixed or floating? Use the DD-AA model to explain your answer
The government should desist from any stabilizing urges." What school of thought would make this suggestion, and how do economists of that school justify that prescription?
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