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Illustrate how the aggregate expenditure function shifts with diagram.

describe how the aggregate expenditure function shifts in response to the changes in each of the subsequent variables: You must provide a full explanation including why the shifts will occur.

1- The real interest rate increases

2-Consumer confidence decreases

3-Higher taxes imposed on corporate profits

4-The economies in the rest of the world go into recession.

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M917052

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