Other things equal, what effect will each of the following changes independently have on the equilibrium level

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Other things equal, what effect will each of the following changes independently have on the equilibrium level of real GDP in the private closed economy?

a. A decline in the real interest rate.

b. An overall decrease in the expected rate of return on investment.

c. A sizable, sustained increase in stock prices.

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Macroeconomics

ISBN: 9780077337728

19th Edition

Authors: Campbell Mcconnell, Stanley Brue, Sean Flynn, Flynn Mcconnell Brue

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