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Refer to the Above Diagram for a Private Closed Economy

Question 184

Multiple Choice

Refer to the above diagram for a private closed economy.In this economy, aggregate expenditures: A) do not change as GDP increases. B) increase by $2 for every $5 increase in GDP. C) increase by $2 for every $4 increase in GDP. D) increase by $2 for every $3 increase in GDP. Refer to the above diagram for a private closed economy.In this economy, aggregate expenditures:


A) do not change as GDP increases.
B) increase by $2 for every $5 increase in GDP.
C) increase by $2 for every $4 increase in GDP.
D) increase by $2 for every $3 increase in GDP.

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