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    Exam 11: Expenditure Multipliers
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    -If Aggregate Planned Expenditure Is Less Than Real GDP, Then
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-If Aggregate Planned Expenditure Is Less Than Real GDP, Then

Question 49

Question 49

Multiple Choice

  -If aggregate planned expenditure is less than real GDP, then in the short run A)  aggregate planned expenditure will increase. B)  exports change to restore equilibrium. C)  the price level will fall. D)  real GDP will decrease.
-If aggregate planned expenditure is less than real GDP, then in the short run


A) aggregate planned expenditure will increase.
B) exports change to restore equilibrium.
C) the price level will fall.
D) real GDP will decrease.

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