Details
Pages
3 Pages
Subject
Economics, Finance, Macroeconomics
Product
Digital
Grade
8th, 9th, 10th, 11th, 12th, Higher Ed
Resource Type
Assignments, Handouts, Reading Passages
Description
Thirlwall's law states that if the long-run surplus of debts equilibrium on the current account is a requirement, and the real exchange rate stays relatively constant, then the country's long-run growth can be approximated by the ratio of the growing exports to the income elasticity of demand for imports.
Teaching is easy when using these two worksheets. First, students learn the information and then write about what they learned.
Teaching is easy when using these two worksheets. First, students learn the information and then write about what they learned.
Thirlwall's law states that if the long-run surplus of debts equilibrium on the current account is a requirement, and the real exchange rate stays relatively constant, then the country's long-run growth can be approximated by the ratio of the growing... more