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    Macroeconomics Study Set 68
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    Exam 11: The Aggregate Expenditures Model
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    In a Private Closed Economy, When Aggregate Expenditures Equal GDP
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In a Private Closed Economy, When Aggregate Expenditures Equal GDP

Question 116

Question 116

Multiple Choice

In a private closed economy, when aggregate expenditures equal GDP,


A) consumption equals investment.
B) consumption equals aggregate expenditures.
C) planned investment equals saving.
D) disposable income equals consumption minus saving.

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