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Business, 24.07.2020 17:01 61497

In cycle theory, animal spirits are the main source of fluctuations in aggregate demand. In cycle theory, fluctuations in both investment and consumption expenditure, driven by fluctuations in the growth rate of the quantity of money, are the main source of fluctuations in aggregate demand.

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In cycle theory, animal spirits are the main source of fluctuations in aggregate demand. In cycle...
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