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What is substitutes

Substitutes: The two goods for which a rise in the price of one good leads to a rise in the demand for another.

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    Q : When Macroeconomic theory least related

    Macroeconomic theory would be least related in analyzing the results of: (w) optional ways of funding deficits in international trade. (x) U.S. federal budget deficits. (y) consumer items purchased through middle-income families. (z) deficit spending through the United Nations.