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PAE = 330 + [c*(1-t)-m]Y. It is known that imports increase, but nothing else changes. Would the slope of PAE on the Keynesian model become
PAE = 330 + [c*(1-t)-m]Y. It is known that imports increase, but nothing else changes. Would the slope of PAE on the Keynesian model become steeper or flatter and explain why.
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Agricultural Economics
Authors: Evan Drummond, John Goodwin
3rd edition
136071929, 978-0136071921
