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    Economics Study Set 11
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    Exam 31: The Aggregate Expenditures Model
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    In the Aggregate Expenditures Model of a Private Closed Economy
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In the Aggregate Expenditures Model of a Private Closed Economy

Question 178

Question 178

True/False

In the aggregate expenditures model of a private closed economy, aggregate expenditures (C + Ig) is always equal to output GDP.

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