1. *Explain how and why each of the following factors would influence current aggregate demand in the...
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1. *Explain how and why each of the following factors would influence current aggregate demand in the United States:
a. increased fear of recession
b. increased fear of inflation
c. rapid growth of real income in Canada and Western Europe
d. a reduction in the real interest rate
e. a higher price level (Be careful.)
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Related Book For
Macroeconomics Private And Public Choice
ISBN: 9781111970628
14th Edition
Authors: James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
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