Given the makeup of aggregate demand, can a noneconomic event lead to a recession? Think of the
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Given the makeup of aggregate demand, can a noneconomic event lead to a recession? Think of the aftermath of the 9/11 attacks or the political turmoil in Mexico during 1994. Be sure to explain the spending channels through which such events can affect aggregate demand.
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Principles Of Macroeconomics The Way We Live
ISBN: 978-1429220200
1st Edition
Authors: Susan Feigenbaum ,R. W. Hafer
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