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aggregate expenditure function

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solution


Question

Explain how each of the following changes would shift the aggregate expenditure function and the aggregate demand curve.;a) an increase in personal taxes;B) an increase in expected profits and business confidence.;c)a decrease in the level of foreign GDP or real income.;d) a decrease in the nominal money supply by the federal reserve

 

Paper#22548 | Written in 18-Jul-2015

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