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  2. Topic
    Business
  3. Study Set
    Principles of Economics Study Set 10
  4. Exam
    Exam 23: Aggregate Expenditure and Equilibrium Output
  5. Question
    Refer to the Information Provided in Figure 23
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Refer to the Information Provided in Figure 23

Question 3

Question 3

Multiple Choice

Refer to the information provided in Figure 23.10 below to answer the question(s) that follow. Refer to the information provided in Figure 23.10 below to answer the question(s)  that follow.   Figure 23.10 -Refer to Figure 23.10. Unplanned inventories increase and output decreases when aggregate output is A)  $0. B)  $500 million. C)  $1,000 million. D)  > $1,000 million. Figure 23.10
-Refer to Figure 23.10. Unplanned inventories increase and output decreases when aggregate output is


A) $0.
B) $500 million.
C) $1,000 million.
D) > $1,000 million.

Correct Answer:

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