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Explain the following: a) What kind of relationship is shown by the consumption schedule, savings schedule, investment schedule and investment demand curve? Use diagrams. b)
Explain the following: a) What kind of relationship is shown by the consumption schedule, savings schedule, investment schedule and investment demand curve? Use diagrams. b) what is the significane of the multiplier? Use an example of your own, show how it works in a private closed economy.
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