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Following arguments list causes which shift AD curve to the right. Answer each argument by T (true) or F (false). Q3. (1)Interest rate decrease in
Following arguments list causes which shift AD curve to the right. Answer each argument by T (true) or F (false). Q3. (1)Interest rate decrease in home mortgage loan (2)Tax rate increase in personal income tax (3)Increase in tax rebate for firms' investments (4)Household wealth (real asset value) increase due to price level decrease (5)Net export increases due to good global business cycle
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Principles of economics
Authors: N. Gregory Mankiw
6th Edition
978-0538453059, 9781435462120, 538453052, 1435462122, 978-0538453042
