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bedau bedau
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6 years ago
Aggregate private spending is stable according to non-activists PRIMARILY because
A) consumer spending is insulated from changes in income according to the PIH and LCH theories.
B) private residential and non-residential investment is volatile.
C) government spending is volatile.
D) the money supply is unstable.
Textbook 
Macroeconomics

Macroeconomics


Edition: 12th
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thecromthecrom
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