Ecessionary expenditure gap in a mixed open economy

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Q. Consider the marketplace for personal Compute rs. Assume which the demand is stable: the demand curve doesn't change. Predict the effects of the subsequent changes on the equilibrium price of Compute rs. The cost of memory chips (one component of a Compute r) decreases. .

Q. A recessionary expenditure gap in a mixed open economy can be measured as the extent to which cumulative expenditures (Ca + Ig + Xn + G) fall short of real GDP at the full-employment level of real GDP.

Reference no: EM1323224

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