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In a Certain Economy, the Components of Aggregate Spending Are

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In a certain economy, the components of aggregate spending are given by: C = 500 + 0.75(Y - T) - 500r
I = 300 - 500r
G = 400
NX = 30
T = 40
Given the information about the economy above, what would be the impact on aggregate expenditures of a one-percentage-point increase in the real interest rate (r) ?


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