Suppose that Americans decided to spend a smaller fraction of their incomes. What would be the effect

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Suppose that Americans decided to spend a smaller fraction of their incomes. What would be the effect on saving, investment, interest rates, the real exchange rate, and the trade balance?

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Principles of economics

ISBN: 978-0538453042

6th Edition

Authors: N. Gregory Mankiw

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Question Posted: Dec 14, 2012 06:18 AM

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Suppose that Americans decided to spend a smaller fraction of their incomes. What would be the effect

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Principles of economics

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