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Is it true that a nation's principal sources of demand/expenditures must be closely related to the components of income, or

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Is it true that a nation's principal sources of demand/expenditures must be closely related to the components of income, or can they diverge substantially? Explain.

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Demand and income are closely related because GDP equals wag…View the full answer


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Managing in a Global Economy Demystifying International Macroeconomics

Managing in a Global Economy Demystifying International Macroeconomics

ISBN: 978-1285055428

2nd edition

Authors: John E. Marthinsen

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Question Posted: March 09, 2016 06:43:39
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