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    Exam 11: Expenditure Multipliers: They Keynesian Model
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    When Real GDP Exceeds Aggregate Planned Expenditures
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When Real GDP Exceeds Aggregate Planned Expenditures

Question 400

Question 400

Multiple Choice

When real GDP exceeds aggregate planned expenditures,


A) a higher level of equilibrium income will prevail.
B) the circular flow will increase.
C) GDP will decrease.
D) actual inventories decrease below their target.

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