Explain the process by which an increase in durable goods orders at a constant price level changes
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Explain the process by which an increase in durable goods orders at a constant price level changes equilibrium expenditure and real GDP.
U.S. durable goods orders rebound strongly, the Commerce Department reported that orders for durable goods increased 4.9 percent in January. Civilian aircraft orders surged 54.2 percent.
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The increase in planned investment has a multiplied effect on ...View the full answer
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