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  3. Study Set
    Intermediate Macroeconomics
  4. Exam
    Exam 8: Consumption, Saving, and Investment
  5. Question
    If the Household Budget Constraint Is Aggregated Over All Household
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If the Household Budget Constraint Is Aggregated Over All Household

Question 1

Question 1

Multiple Choice

If the household budget constraint is aggregated over all household, it shows that:


A) consumption plus net investment equal net national product.
B) consumption plus net investment equals real GDP less depreciation.
C) C + If the household budget constraint is aggregated over all household, it shows that: A) consumption plus net investment equal net national product. B) consumption plus net investment equals real GDP less depreciation. C) C +   K = Y -   K D) all of the above. K = Y - If the household budget constraint is aggregated over all household, it shows that: A) consumption plus net investment equal net national product. B) consumption plus net investment equals real GDP less depreciation. C) C +   K = Y -   K D) all of the above. K
D) all of the above.

Correct Answer:

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