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    Macroeconomics Study Set 20
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    Exam 10: Monopoly
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    -Refer to Exhibit 10-2
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-Refer to Exhibit 10-2

Question 26

Question 26

Multiple Choice

  -Refer to Exhibit 10-2.If autonomous investment decreases,the TE curve will shift ____________ and the new level of equilibrium Real GDP will be ___________ than $4,500. A)  downward; greater B)  downward; less C)  upward; less D)  upward; greater
-Refer to Exhibit 10-2.If autonomous investment decreases,the TE curve will shift ____________ and the new level of equilibrium Real GDP will be ___________ than $4,500.


A) downward; greater
B) downward; less
C) upward; less
D) upward; greater

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