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What are two components of aggregate expenditure, which both depend on the level of real GDP? The marginal propensity to consume is MPC = C
- What are two components of aggregate expenditure, which both depend on the level of real GDP?
- The marginal propensity to consume is MPC = C YD, what are the other two parts of the formula?
- In the graph of the aggregate expenditure curve, what factors are in the ________ y-axis and ________ in the x-axis?
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