Assume that the economy is in equilibrium when the real interest rate rises. Explain, step-by-step, how the components o

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answerhappygod
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Assume that the economy is in equilibrium when the real interest rate rises. Explain, step-by-step, how the components o

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Assume that the economy is in equilibrium when the real interest
rate rises. Explain, step-by-step, how the components of
expenditure adjust to bring the economy to its new equilibrium. ( 2
PARAGRAPHS)
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