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6 291619q0 Ymonoo9 ne ooqque Question 1 [1 point] (*Y) 90 Initrolog If exports (X), Government expenditure (G) and Taxes (T) do not change, national

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6 291619q0 Ymonoo9 ne ooqque Question 1 [1 point] (*Y) 90 Initrolog If exports (X), Government expenditure (G) and Taxes (T) do not change, national saving in an economy will increase if [nioq 1 2 noiteong CCO' (a) consumption increases and imports decrease. (b) consumption increases and investment increases. agoM To 19dmun ogel A (c ) consumption decreases and investment increases. grimso SerT All of the above. onilsob of beoids of To esmooni ol 292UCO * (e ) None of the above. Segnivse Ignoilen bos Jouooos Inonus Question 2 [1 point] lainiog bj 0 noiteand The neoclassical model is used to analyse an economy in circumstances that LOT (a) prices are flexible and output is inelastically supplied (does not change as prices change). (b) prices are flexible and output is elastically supplied (changes a lot as prices change). (c) prices are fixed and output is inelastically supplied (does not change as prices change). (d) prices are fixed and output is elastically supplied (changes a lot as prices change). (e) prices are flexible and unemployment is a major

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