Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:1. Increase in budget deficit in
closed economy:
Investments curve =
Savings curve =
Interest rate=
NX =

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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