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    Exam 11: Expenditure Multipliers: the Keynesian Model
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    -In the Above Figure, If the Level of Real GDP
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-In the Above Figure, If the Level of Real GDP

Question 163

Question 163

Multiple Choice

  -In the above figure, if the level of real GDP is $13 trillion, A)  inventories are equal to the levels planned by firms. B)  inventories are above the levels planned by firms. C)  planned expenditures are zero. D)  inventories are below the levels planned by firms.
-In the above figure, if the level of real GDP is $13 trillion,


A) inventories are equal to the levels planned by firms.
B) inventories are above the levels planned by firms.
C) planned expenditures are zero.
D) inventories are below the levels planned by firms.

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