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    Exam 11: Expenditure Multipliers
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    -In the Above Figure, If the Level of Real GDP
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-In the Above Figure, If the Level of Real GDP

Question 216

Question 216

Multiple Choice

  -In the above figure, if the level of real GDP is $15 trillion A)  inventories are above the levels planned by firms. B)  inventories are below the levels planned by firms. C)  inventories are equal to the levels planned by firms. D)  planned expenditures are zero.
-In the above figure, if the level of real GDP is $15 trillion


A) inventories are above the levels planned by firms.
B) inventories are below the levels planned by firms.
C) inventories are equal to the levels planned by firms.
D) planned expenditures are zero.

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