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Abstract: This 10 page paper answers 5 questions on economics. The paper looks at the theoretical impact of an increase in the marginal propensity to consume under the classical, Keynesian and neo-classical schools of thought, the impact of technological development, how the Federal Reserve can impact on interest rates charged by the banks and the potential impact on the US economy of inflation in China. The bibliography cites 4 sources.
Catagory: Money & Banking / Corporate Finance
Subcatagory: Accounting & Personal Finance
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