If consumption depended on the interest rate, how would that affect the conclusions reached in this chapter

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If consumption depended on the interest rate, how would that affect the conclusions reached in this chapter about the effects of fiscal policy?

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Macroeconomics

ISBN: 978-1464168505

5th Canadian Edition

Authors: N. Gregory Mankiw, William M. Scarth

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Question Posted: Dec 31, 2015 01:33 AM

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If consumption depended on the interest rate, how would that affect the conclusions reached in this chapter

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In this chapter we concluded that an increase in government expenditures reduces national saving and ...View the full answer

Macroeconomics

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