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    Macroeconomics Principles
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    Exam 8: Aggregate Expenditures
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    In the Simple Keynesian Model, If People Earn $4 Billion
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In the Simple Keynesian Model, If People Earn $4 Billion

Question 243

Question 243

True/False

In the simple Keynesian model, if people earn $4 billion and spend $3.5 billion on consumption goods, then saving is $0.5 billion.

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