1.0Learning & Education Portalhttps://astan.lk/al_virtualclassroomAdminhttps://astan.lk/al_virtualclassroom/author/astan-preceptor1/Open economy - Learning & Education Portalrich600338<blockquote class="wp-embedded-content" data-secret="LNfGiaebKz"><a href="https://astan.lk/al_virtualclassroom/open-economy/">Open economy</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://astan.lk/al_virtualclassroom/open-economy/embed/#?secret=LNfGiaebKz" width="600" height="338" title="“Open economy” — Learning & Education Portal" data-secret="LNfGiaebKz" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script type="text/javascript">
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When a closed economy is open to the foreign sector, it is called an open economy. The components that are used to compute the equilibrium in an open economy are as follows. Consumption (C) Savings (S) Investment (I) Government purchases (G) Transfers (Tr) Autonomous taxes (T) Imports (M) Exports (X) Equilibrium in an open economy […]