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In the Keynesian model with a government sector, an increase in the interest rate level can be expected to ... A. decrease the equilibrium level
In the Keynesian model with a government sector, an increase in the interest rate level can be expected to ...
- A. decrease the equilibrium level of income.
- B. increase the equilibrium level of income.
- C. leave unchanged the equilibrium level of income.
- D. increase consumption spending.
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The Business of Tourism Management
Authors: John Beech, Simon Chadwick
1st edition
273688013, 273688014, 9781405871631 , 978-0273688013
