1.11. Attach the appropriate fractions to the long-term averages in Figure 6.6. (Some fractions will be left...

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1.11. Attach the appropriate fractions to the "long-term averages" in Figure 6.6. (Some fractions will be left over.) These fractions may turn out to be more memorable than the exact percentages in the figure.

Long-Run Averages Consumption Investment Government purchases Net exports Fraction of GOP 1

3 1

8 1

5 1

14

~

4 2

3 9

10

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Modern Principles Macroeconomics

ISBN: 124428

2nd Edition

Authors: Tyler Cowen ,Alex Tabarrok

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