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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Foundations of Macroeconomics

ISBN: 978-0134492001

8th edition

Authors: Robin Bade, Michael Parkin

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Question Posted: May 21, 2018 07:18 AM

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Explain the process by which an increase in durable goods orders at a constant price level changes

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The increase in planned investment has a multiplied effect on ...View the full answer

Foundations of Macroeconomics

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