At all points on the 45 line: a. equilibrium GDP is possible. b. aggregate expenditures exceed real
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At all points on the 45° line:
a. equilibrium GDP is possible.
b. aggregate expenditures exceed real GDP.
c. consumption exceeds investment.
d. aggregate expenditures are less than real GDP.
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Related Book For
Economics Principles Problems And Policies
ISBN: 9780073511443
19th Edition
Authors: Campbell Mcconnell ,Stanley Brue ,Sean Flynn
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