In the context of a keynesian open-economy income model for


In the context of a Keynesian open-economy income model for a country, carefully explain the impact of each of the following autonomous events upon equilibrium income in the country and upon the country’s current account balance: (a) an increase in domestic investment; (b) an increase in exports; and (c) a simultaneous and equal autonomous increase in exports and imports.

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Business Economics: In the context of a keynesian open-economy income model for
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