Question
QUESTION ONE [20] Explain, using the Keynesian approach to measuring aggregate demand, the economic impact that a discovery of a precious resource such as oil
QUESTION ONE [20] Explain, using the Keynesian approach to measuring aggregate demand, the economic impact that a discovery of a precious resource such as oil will have on aggregate spending and total production (income) for an economy. Substantiate your answer with the aid of a suitable diagram.
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International Economics
Authors: James Gerber
7th edition
134472098, 134523873, 978-0134472096
