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Suppose exports increase. According to the shares of spending model from Chapter 7, what would happen to interest rates, consumption, investment, and net exports in the long run? According to this chapter's model, which is made up of the aggregate demand curves and the inflation adjustment line, what will happen to interest rates, consumption, investment, and net exports in the long run?
Stereotyping
The act of ascribing fixed characteristics to a group of people, disregarding individual diversity.
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The component of the self-concept that includes individuals' ideas about what they might become, what they would like to become, and what they are afraid of becoming.
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