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February 28, 2008 Econ Notes Aggregate demand= consumption + investment + gov spending + (exports-imports) Investmen = what firms spend What determines investment spending? Interest rates, expectations
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Unformatted text preview: What determines the level of government spending? policy oriented What is a recession two quarters of negative growth in GDP...
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This note was uploaded on 06/08/2008 for the course ECON 109 taught by Professor Watson during the Winter '08 term at UCSB.

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