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Question: Using consumption function explain the effect of strong exchange rate on investment within the UK economy?

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Economics

Question:

Using consumption function explain the effect ofstrong exchange rate on investment within the UK economy?

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4.4 Ratings (841 Votes)
consumption function is the sum of autonomous consumption andinduced consumptionC bYC CONSUMPTION FUNCTION AUTONOMOUD CONSUMPTION b Marginal PROPENSITY TO CONSUME YINCOME LEVELAs the currency gets stronger the value ofinvestments in the economy and the return from    See Answer
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