2. If total spending is just sufficient to purchase an economys output, then the economy is: LO31.3...

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2. If total spending is just sufficient to purchase an economy’s output, then the economy is: LO31.3

a. In equilibrium.

b. In recession.

c. In debt.

d. In expansion.

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Economics

ISBN: 9781259723223

21st Edition

Authors: Campbell McConnell, Stanley Brue, Sean Flynn

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