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    Northwest Florida State College
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Category > Economics Posted 03 May 2017 My Price 9.00

Determine how the following affects the slope of the output demand curve, and explain your results:


Determine how the following affects the slope of the output demand curve, and explain your results:

 

(a) The marginal propensity to consume increases.

(b) The intertemporal substitution effect of the real interest rate on current consumption increases.

(c) The demand for investment goods becomes less responsive to the real interest rate.

 

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Status NEW Posted 03 May 2017 12:05 PM My Price 9.00

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