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  3. Study Set
    Macroeconomics Study Set 43
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    Exam 11: Part B: The Aggregate Expenditures Model
  5. Question
    Refer to the Above Diagram
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Refer to the Above Diagram

Question 4

Question 4

Multiple Choice

  Refer to the above diagram.The level of government spending: A) is equal to tax collections at each level of GDP. B) is the same at all levels of GDP. C) varies inversely with the level of GDP. D) varies directly with the level of GDP. Refer to the above diagram.The level of government spending:


A) is equal to tax collections at each level of GDP.
B) is the same at all levels of GDP.
C) varies inversely with the level of GDP.
D) varies directly with the level of GDP.

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