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Business, 13.07.2021 17:50 jetblackcap

It is​ 2012, and real GDP in the U. S. economy is in an expansion phase of the business cycle. Consumption expenditure and other components of aggregate expenditure are increasing. Autonomous expenditure is increasing. Explain how these events will influence equilibrium expenditure and the quantity of real GDP demanded in the United States.

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It is​ 2012, and real GDP in the U. S. economy is in an expansion phase of the business cycle. Consu...

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