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If every $1,000 increase in the real price of homes adds $0.05 to annual consumer spending [the wealth effect), Instructions: Enter your response as a
If every $1,000 increase in the real price of homes adds $0.05 to annual consumer spending [the \"wealth effect\"), Instructions: Enter your response as a whole number. a; by how much will consumption decline if home prices fall by $2 trillion? $ |:| million in. this would cause the consumption function to . c. this would cause the AD curve to
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