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Explanation of factors shifting expenditure function.

Elucidate how the aggregate expenditure function shifts in response to changes in every time of  following variables:

1.The real interest rate increases.

2.Consumer confidence decreases.

3.Higher taxes are imposed on business profits.

4.The economies of many countries in the rest of the world go into recessions.

 

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M922183

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