Elucidate how the aggregate expenditure function shifts


Explanation of factors shifting expenditure function.

Elucidate how the aggregate expenditure function shifts in response to changes in every time of  following variables:

1.The real interest rate increases.

2.Consumer confidence decreases.

3.Higher taxes are imposed on business profits.

4.The economies of many countries in the rest of the world go into recessions.

 

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Business Economics: Elucidate how the aggregate expenditure function shifts
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