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One of the Most Crucial Ideas in Macroeconomics Is Understanding

Question 53

Multiple Choice

One of the most crucial ideas in macroeconomics is understanding that:


A) zero unemployment is the best way to achieve economic growth.
B) total expenditures or total income both measure total production of an economy.
C) economic downturns can be prolonged by fiscal policy.
D) GNP is the most commonly used measurement of total production.

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