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Business, 12.11.2019 22:31 natalie2sheffield

If the circular-flow model is in equilibrium (the sum of money flowing into each box is equal to the sum of the money flowing out of it) and there is a decrease in consumer spending, holding everything else constant, which outcome is likely to occur? a) an increase in nominal gdp b) an increase in the inflation rate c) an increase in the unemployment rate d) an increase in real gdp.

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