
Macroeconomics + Economy 2009 Update 18th Edition by Campbell McConnell, Sean Masaki Flynn,Stanley Brue
Edition 18ISBN: 9780077354237
Macroeconomics + Economy 2009 Update 18th Edition by Campbell McConnell, Sean Masaki Flynn,Stanley Brue
Edition 18ISBN: 9780077354237 Exercise 23
At all points on the 45° line:
A) equilibrium GDP is possible.
B) aggregate expenditures exceed real GDP.
C) consumption exceeds investment.
D) aggregate expenditures are less than real GDP.
A) equilibrium GDP is possible.
B) aggregate expenditures exceed real GDP.
C) consumption exceeds investment.
D) aggregate expenditures are less than real GDP.
Explanation
At 45-degree line, aggregate expenditure...
Macroeconomics + Economy 2009 Update 18th Edition by Campbell McConnell, Sean Masaki Flynn,Stanley Brue
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