Explain how and why the components of aggregate expenditure
Explain how and why the components of aggregate expenditure depend on the real interest rate.
Be sure to distinguish between the real and nominal interest rates, and explain why the distinction matters.
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describe the determinants of the long-run real interest rate and speculate on the sort of events that would make it
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explain how and why the components of aggregate expenditure depend on the real interest ratebe sure to distinguish
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