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content area Part 1 In a closed economy, aggregate expenditure is A. equal to consumption plus savings plus taxes. B. equal to consumption plus investment
content area Part 1 In a closed economy, aggregate expenditure is A. equal to consumption plus savings plus taxes. B. equal to consumption plus investment plus government spending. C. equal to full-employment output. D. equal to Gross Domestic Product (GDP)
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Macroeconomics Canada in the Global Environment
Authors: Michael Parkin, Robin Bade
8th edition
321778103, 978-0321808370, 321808371, 978-0321778109
