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Economic Analysis of Social Issues 1st Edition by Alan Grant
Edition 1ISBN: 978-0134098371Economic Analysis of Social Issues 1st Edition by Alan Grant
Edition 1ISBN: 978-0134098371 Exercise 53
Give three examples of shocks that could originate on the buyers' side of the market. Identify the origin of (reason for) the shock and then identify the type of spending that is affected (consumption, investment, government purchases, or net exports).
Explanation
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Shocks from buyers' side
Shocks from bu...
Economic Analysis of Social Issues 1st Edition by Alan Grant
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