Explain and diagrammatically represent the shift in the DLF curve as a result of each of the following: -- a rise in autonomous investment -- a rise in the size of the budget deficit -- a decline in autonomous investment 25. What is autonomous investment?
Explain and diagrammatically represent the shift in the DLF curve as a result of each of the following: -- a rise in autonomous investment -- a rise in the size of the budget deficit -- a decline in autonomous investment 25. What is autonomous investment?
Chapter23: The Aggregate Expenditure Model
Section: Chapter Questions
Problem 11P
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Explain and diagrammatically represent the shift in the DLF curve as a result of each of the following:
-- a rise in autonomous investment
-- a rise in the size of the budget deficit
-- a decline in autonomous investment
25. What is autonomous investment?
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