When there is an increase in optimism regarding the future, Ask an Expert

Economics

Utilizing the Classical Model, describe graphically and in writing what macroeconomic adjustments occur when there is an increase in optimism regarding the future and a concomitant increase in autonomous investment. Specifically, what happens to output, aggregate demand, labor, price and interest.

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M955323

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