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    Exam 11: Expenditure Multipliers
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    "If Aggregate Planned Expenditure Exceeds Real GDP, Then Real GDP
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"If Aggregate Planned Expenditure Exceeds Real GDP, Then Real GDP

Question 364

Question 364

Essay

"If aggregate planned expenditure exceeds real GDP, then real GDP will increase." Explain whether the previous sentence is correct or incorrect.

Correct Answer:

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The sentence is correct. If aggregate pl...

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