(C) Suppose imports depend positively on income in the economy concerned, which again should be quite reasonable. How wo

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(C) Suppose imports depend positively on income in the economy concerned, which again should be quite reasonable. How wo

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C Suppose Imports Depend Positively On Income In The Economy Concerned Which Again Should Be Quite Reasonable How Wo 1
C Suppose Imports Depend Positively On Income In The Economy Concerned Which Again Should Be Quite Reasonable How Wo 1 (14.09 KiB) Viewed 31 times
(C) Suppose imports depend positively on income in the economy concerned, which again should be quite reasonable. How would such an assumption affect the expenditure multiplier? Explain in words and illustrate in the diagram.
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