MCQOPTIONS
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| 1. |
In the aggregate expenditures model, it is assumed that investment_x005F_x000D_ |
| A. | does not change when real GDP changes |
| B. | does not respond to changes in interest rates |
| C. | changes by less in percentage terms than changes in real GDP |
| D. | automatically changes in response to changes in real GDP |
| Answer» B. does not respond to changes in interest rates | |