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econ chp 11 aggregate expenditure determinates
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10 Terms
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1
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increase in domestic income
C increase; NX decrease: Y generally increase
2
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wealth increase
C increase; Y increase
3
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increase in expected future income
C INcrease; y increase
4
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interest rate increase
C decrease, I decrease, Y decrease
5
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expected profitability increase
I increase, Y increase
6
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increase business taxes
I decrease, Y decrease
7
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increase foreign income
NX increase; y increase
8
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increase exchange rates
NX and Y decrease
9
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increase taste foreign goods
NX and Y decrease
10
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trade policies increase
Y decrease, NX depends