In this figure, investment will be: a. zero if the real interest rate is zero. b. $40

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In this figure, investment will be:

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.

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Economics Principles Problems And Policies

ISBN: 9780073511443

19th Edition

Authors: Campbell Mcconnell ,Stanley Brue ,Sean Flynn

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