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Other Things Being Equal,a Closed Economy Will Have a ________

Question 42

Multiple Choice

Other things being equal,a closed economy will have a ________ marginal propensity to spend and thus a ________ AD curve compared to an open economy with foreign trade.


A) lower; flatter
B) higher; flatter
C) higher; steeper
D) lower; rightward shift of the
E) lower; leftward shift of the

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