Macroecnomics, Microeconomics

in the case of a decline in velel of private investment spending, why the effect on equilibrium output exceeds the magnitude of the initial shock?
also, what are the effects of the decline in output, interest rate, private consumption, private investment, nomainal wage, and price level in the short run?
Posted Date: 5/24/2012 3:55:03 AM | Location : United States

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