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4. Other things equal, what effect will each of the following changes independently have on the...

4. Other things equal, what effect will each of the following changes independently have on the equilibrium level of real GDP in the private closed economy? 1. A decline in the real interest rate. 2. An overall decrease in the expected rate of return on investment. 3. A sizable, sustained increase in stock prices. (answer in your own words)

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