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    Economics Principles and Policy Study Set 2
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    Exam 25: Demand-Side Equilibrium: Unemployment or Inflation
  5. Question
    Equilibrium Is the Point Where Total Spending Equals Total Output
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Equilibrium Is the Point Where Total Spending Equals Total Output

Question 65

Question 65

True/False

Equilibrium is the point where total spending equals total output, or GDP.

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