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Slide 1Chapter 4 The Consumption Function Slide 2 Principal Determinants of Consumption (Slide 1) Recent average disposable income (DI) Expected average DI Changes in income…
Slide 1Chapter 16 Cyclical Fluctuations in Components of Aggregate Demand Slide 2 Cyclical Components of GDP in Order of Importance Most cyclical fluctuations stem from changes…
Slide 1STATISTICAL ANALYSIS Frequency Distribution # Indivi duals Median Mean MedianMean Median Figure 2.Frequency distributions of three different samples. ABC negativenormalpositive…
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