ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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In the Keynesian framework, which of the following events might cause a reaction ?
a) A large increase in the price of the homes people own
b) Rapid growth in the economy of a major trading partner
c) The development of a major new technology offers profitable opportunities for business
d) The interest rate rises
e) The good imported from a major trading partner becomes much less expensive
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