29. a. What is aggregate planned expenditure when real GDP is $200 billion? b. If real GDP...
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29.
a. What is aggregate planned expenditure when real GDP is $200 billion?
b. If real GDP is $200 billion, explain the process that moves the economy toward equilibrium expenditure.
c. If real GDP is $500 billion, explain the process that moves the economy toward equilibrium expenditure.
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