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How would the following scenario(s) impact Consumption (C) or Investment (I)? Does the Effect on Scenario scenario impact C or I C or I in
How would the following scenario(s) impact Consumption (C) or Investment (I)? Does the Effect on Scenario scenario impact C or I C or I in the (Increase/decrease immediate increase interest rate (ii) Businesses expect good profits upon reading news about the pro-business measures that will soon be imlemented (iii) Data revealed an increase in households earning below the cove line utilization rate of businesses In the pragmatic view of the Aggregate Supply (AS) curve, the AS curve has three distinct ranges or segments. Describe the intermediate range and explain the effects on real GDP, employment and the price level when there is a rightward shift of the aggregate demand curve. Illustrate the effects using the AD-AS diagram
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