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# S = I b. S = NX + NCO c. S = NCO d. S = I + NCO ANSWER: S = I + NCO TYPE: M DIFFICULTY: 1 SECTION:

A. S = I b. S = NX + NCO c. S = NCO d. S = I + NCO ANSWER: d. S = I + NCO TYPE: M DIFFICULTY: 1 SECTION: 14.2 57. In the openeconomy macroeconomic model, the key determinant of net capital outflow is the a. nominal exchange rate. TYPE: M DIFFICULTY: 2 SECTION: 14.2 56. Which of the following is correct in an open economy? A. S = I b. S = NX + NCO c. S = NCO d. S = I + NCO ANSWER: d. S = I + NCO TYPE: M DIFFICULTY: 1 SECTION: 14.2 57. In the openeconomy macroeconomic model, the key determinant of net capital outflow is the a. nominal exchange rate. B. nominal interest rate. C. real exchange rate. D. real interest rate.