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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Economics Principles Problems And Policies

ISBN: 9780073511443

19th Edition

Authors: Campbell Mcconnell ,Stanley Brue ,Sean Flynn

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