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Business, 20.03.2020 09:05 bluetigerbird5323

Consider the aggregate expenditure model. Suppose there is an increase in real GDP in the economy. Classify each economic variable as to whether it increases, decreases, or remains unchanged when real GDP increases. Increases Decreases Does not change.

a. exports
b. aggregate expenditures
c. consumption
d. government spending
e. investment
f. imports
g. natural rate of output
h. net exports
i. marginal propensity to consume

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