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Business, 29.09.2019 04:30 lareynademividp0a99r

Scenario 34-2. the following facts apply to a small, imaginary economy. consumption spending is $5,200 when income is $8,000. consumption spending is $5,536 when income is $8,400. refer to scenario 34-2. in response to which of the following events could aggregate demand increase by $1,500?
a. a stock-market boom increases households’ wealth by $300, and there is an operative crowding-out effect.
b. a stock-market boom increases households’ wealth by $275, and there is an operative crowding-out effect.
c. an economic boom overseas increases the demand for u. s. net exports by $240, and there is no crowding-out effect.
d. aggregate demand could increase by $1,500 in response to any of these events.

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Scenario 34-2. the following facts apply to a small, imaginary economy. consumption spending is $5,2...
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