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machinery & tools purchased by business that, increase output 3. Economic Growth: Define capital stock. Use the aggregate demand and supply to show the effects
machinery & tools purchased by business that, increase output 3. Economic Growth: Define capital stock. Use the aggregate demand and supply to show the effects of a decrease in interest rates in the short-run and in the long-run. Explain why each curve shifts. Also explain why an increase in consumer spending would not have the same effect in the long-run. 4. Draw an AS-AD model of an economy
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Macroeconomics Principles and Applications
Authors: Robert e. hall, marc Lieberman
5th edition
1111397465, 9781439038970, 1439038988, 978-1111397463, 143903897X, 9781439038987, 978-1133265238
