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In terms of understanding what drives the overall volatility of GDP, consumption: Question 8 options: Is important since it has such a large weight in
In terms of understanding what drives the overall volatility of GDP, consumption: Question 8 options: Is important since it has such a large weight in GDP Is unimportant due to Richardian Equivalence Is important since it will move with investment spending Has no relevant information since households tend to smooth consumption
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Economics
Authors: Stephen Slavin
11th Edition
978-0078021800, 0078021804
