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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 26
Why is saving called a leakage ? Why is planned investment called an injection ? Why must saving equal planned investment at equilibrium GDP in the private closed economy? Are unplanned changes in inventories rising, falling, or constant at equilibrium GDP? Explain.
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Saving is called a leakage because it le...
Macroeconomics 20th Edition by Campbell McConnell,Stanley Brue,Sean Flynn
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