Mathematics, 02.03.2020 17:31 armstrongstang420
The economy begins in equilibrium at Point E, representing the real interest rate, r1, at which saving, S1, equals desired investment, I1. What will be the new equilibrium combination of real interest rate, saving, and investment if there is a technological innovation that increases the demand for investment goods?
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The economy begins in equilibrium at Point E, representing the real interest rate, r1, at which savi...
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