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Macroeconomics 10th Edition by Roger Arnold
Edition 10ISBN: 978-1111823016Macroeconomics 10th Edition by Roger Arnold
Edition 10ISBN: 978-1111823016 Exercise 27
Suppose consumption rises while investment and government purchases remain constant. How will the AD curve shift in the simple Keynesian model? Under what condition will the rise in Real GDP be equal to the rise in total spending?
Explanation
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The total real expenditures on final goo...
Macroeconomics 10th Edition by Roger Arnold
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