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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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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