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Business, 17.12.2019 02:31 wolfsaway

Scenario 34-2. the following facts apply to a small, imaginary economy.• consumption spending is $6,720 when income is $8,000. • consumption spending is $7,040 when income is $8,500.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 stimulates consumer spending by $550, and there is a small operative crowding-out effect.
b. a stock-market boom stimulates consumer spending by $300, and there is an operative crowding-out effect.
c. an economic boom overseas increases the demand for u. s. net exports by $300, and there is no crowding-out effect.
d. an economic boom overseas increases the demand for u. s. net exports by $550, and there is no crowding-out effect.

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Scenario 34-2. the following facts apply to a small, imaginary economy.• consumption spending is $6,...
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