13. Suppose that consumption depends on the interest rate. How, if at all, does this assumption alter

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13. Suppose that consumption depends on the interest rate.

How, if at all, does this assumption alter the conclusions reached in the chapter about the impact of an increase in government purchases on investment, consumption, national saving, and the interest rate?

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Macroeconomics

ISBN: 9781319263904

11th Edition

Authors: N. Gregory Mankiw

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