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    Principles of Economics Study Set 12
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    Exam 23: The Nature and Causes of Economic Fluctuations
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    According to the Spending Balance Model, a Change in Spending
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According to the Spending Balance Model, a Change in Spending

Question 146

Question 146

True/False

According to the spending balance model, a change in spending causes a change in income, which causes further changes in spending and income.

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