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Explain how an increase in interest rates initiated by the Federal Reserve affects:

a) Consumer durables expenditures

b) Consumer services expenditures

c) Consumer non-durables expenditures

d) Residential investment

e) Non-residential investment

f) Inventory investment

g) Net U.S. exports (X-M)

Macroeconomics, Economics

  • Category:- Macroeconomics
  • Reference No.:- M9164762

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