6. Use the model from chapter 5 of the textbook to predict how each of the follo

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6. Use the model from chapter 5 of the textbook to predict how each of the following shocks would affect national saving (S), investment (I), the trade balance (NX), and the real exchange rate (?) in a small, open economy with perfect capital mobility, all else equal. For each shock, be sure to clearly state a prediction for all four variables, illustrate your predictions with the relevant diagrams, and explain your predictions intuitively in words. a. Technological progress increases domestic total factor productivity. b. The world

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Hi, I still need the model in order to answer your question. Let me know.

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