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    The Economy Today
  4. Exam
    Exam 11: Fiscal Policy
  5. Question
    Refer to Figure 11
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Refer to Figure 11

Question 89

Question 89

Multiple Choice

  Refer to Figure 11.1.Assume aggregate demand is represented by AD<sub>1</sub> and full employment output is $6.0 trillion.The equilibrium level of income is A) $5.0 trillion. B) $5.8 trillion. C) $6.0 trillion. D) $6.2 billion. Refer to Figure 11.1.Assume aggregate demand is represented by AD1 and full employment output is $6.0 trillion.The equilibrium level of income is


A) $5.0 trillion.
B) $5.8 trillion.
C) $6.0 trillion.
D) $6.2 billion.

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