Macroeconomics
10th Edition
ISBN: 9781319105990
Author: Mankiw, N. Gregory.
Publisher: Worth Publishers,
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Chapter 12, Problem 4QR
To determine
The possible effect of falling prices on the equilibrium income.
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Describe the possible effects of falling prices on equilibrium income?
Describe the possible effects of falling prices on equilibrium income. (question from Macroeconomics)
Explain briefly how the following determinants affect the aggregate consumption
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Households ' expectations about the future
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