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    Exam 27: Managing Aggregate Demand: Fiscal Policy
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    At Any Given Price Level, Equilibrium GDP on the Expenditure
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At Any Given Price Level, Equilibrium GDP on the Expenditure

Question 148

Question 148

Multiple Choice

At any given price level, equilibrium GDP on the expenditure side occurs when ____.


A) Y = C + I + G − (X − IM)
B) Y = C + I - G
C) Y = C + I + G + (X − IM)
D) Y = C + X + G + (X − IM)

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