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--6034 Question 1 3 pts The aggregate expenditure model focuses on the short-term relationship between aggregate expenditure and real GDP assuming: O price level is

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--6034 Question 1 3 pts The aggregate expenditure model focuses on the short-term relationship between aggregate expenditure and real GDP assuming: O price level is constant. potential GDP is greater than real GDP at the macroeconomic equilibrum. inventories are constant potential GDP is smaller than real GDP at the macroeconomic equilibrium. D Question 2 3 pts Assume that the economy has a real GDP that is temporarily greater than aggregate expenditure. This implies that there was an unplanned increase in inventories and real GDP will increase there was an unolanned increase in inventories and real GDP will decrease there was an unplanned decrease in inventories and real GDP will increase D G Search or type URL 4 5 6 & 7 00 9 ) 0 R Y

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