3. The $490 billion level of real GDP is not at equilibrium because: a. investment exceeds consumption.

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3. The $490 billion level of real GDP is not at equilibrium because:

a. investment exceeds consumption.

b. consumption exceeds investment.

c. planned C + Ig exceeds real GDP.

d. planned C + Ig is less than real GDP.

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Macroeconomics

ISBN: 9781259915673

21st Edition

Authors: Campbell McConnell, Stanley Brue , Sean Flynn

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Question Posted: Sep 28, 2024 07:01 AM

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3. The $490 billion level of real GDP is not at equilibrium because: a. investment exceeds consumption.

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Macroeconomics

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