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    Exam 11: The Short-run Macro Model
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    When Aggregate Expenditure at a Particular Level of GDP Is
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When Aggregate Expenditure at a Particular Level of GDP Is

Question 134

Question 134

Multiple Choice

When aggregate expenditure at a particular level of GDP is more than output,


A) output will increase
B) output will decrease
C) output will remain constant
D) there is not enough information to determine what happens to output
E) prices will rise

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