Question
Suppose data indicates that future sales will be higher than expected. To prepare for higher than expected future sales, firms increase their investment via autonomous
Suppose data indicates that future sales will be higher than expected. To prepare for higher than expected future sales, firms increase their investment via autonomous investment rising by 5%. Will it cause an increase or decrease in private savings, investment, real interest rate, real wage for labour and real rental price of capital?
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Crashed How A Decade Of Financial Crises Changed The World
Authors: Adam Tooze
1st Edition
0143110357, 9780143110354
