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Macroeconomics 20th Edition by Campbell McConnell,Stanley Brue,Sean Flynn
Edition 20ISBN: 978-0077660895Macroeconomics 20th Edition by Campbell McConnell,Stanley Brue,Sean Flynn
Edition 20ISBN: 978-0077660895 Exercise 35
A) zero if the real interest rate is zero.
B) $40 billion if the real interest rate is 16 percent.
C) $30 billion if the real interest rate is 4 percent.
D) $20 billion if the real interest rate is 12 percent.
Explanation
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b implies that at an interest rate of 16...
Macroeconomics 20th Edition by Campbell McConnell,Stanley Brue,Sean Flynn
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