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Answer to Question #269529 in Macroeconomics for Jing Wen

Question #269529

"\\Delta" Y = - c (T 2 - T 1) - (M 2 - M 1)

May i know what is the -c ?


1
Expert's answer
2021-11-23T11:13:54-0500

The -c represents a negative consumption which means selling off and not buying consumer goods or services.


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