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In recent years, Consumption – what are the main determinants

Chapter 10 Assignment

Assignment

a) In recent years, Consumption spending has made up approximately 70% of total spending in the U.S. economy. Other than income, what are the main determinants of changes in the level of consumption spending in the U.S economy?

b) Briefly describe the Investment Demand Curve. List one factor that would cause the Investment Demand Curve to shift to the right.

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