If total spending is just sufficient to purchase an economys output, then the economy is: a. in

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If total spending is just sufficient to purchase an economy’s output, then the economy is:

a. in equilibrium.

b. in recession.

c. in debt.

d. in expansion.

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Macroeconomics

ISBN: 9781264112456

22nd Edition

Authors: Campbell McConnell, Stanley Brue, Sean Flynn

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Question Posted: Mar 02, 2024 01:00 PM

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If total spending is just sufficient to purchase an economys output, then the economy is: a. in

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Answer The correct answer is a in equilibrium Expla...View the full answer

Macroeconomics

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