Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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![1. Increase in budget deficit in
closed economy:
Investments curve =
Savings curve =
Interest rate=
NX =](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F14010b32-6643-425b-bdb8-14fc25302a95%2F04676d43-9ae6-42d6-88df-ee35e4b046c8%2Fd2n812_processed.jpeg&w=3840&q=75)
Transcribed Image Text:1. Increase in budget deficit in
closed economy:
Investments curve =
Savings curve =
Interest rate=
NX =
![file on the d21 page > Assignments (tab) > Assignment 1 (folder).
I Graphical Analysis
Notes: Be careful while labeling the axis and the curves as you would lose points if they are not labeled
and labeled wrongly. Indicate the impact of variables/curve through arrows.
Analyze the impact of following situations graphically
13. Increased consumer and busi](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F14010b32-6643-425b-bdb8-14fc25302a95%2F04676d43-9ae6-42d6-88df-ee35e4b046c8%2F4qeh62_processed.jpeg&w=3840&q=75)
Transcribed Image Text:file on the d21 page > Assignments (tab) > Assignment 1 (folder).
I Graphical Analysis
Notes: Be careful while labeling the axis and the curves as you would lose points if they are not labeled
and labeled wrongly. Indicate the impact of variables/curve through arrows.
Analyze the impact of following situations graphically
13. Increased consumer and busi
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