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    Exam 17: The Determination of National Output and the Keynesian Multiplier
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    If Total Intended Spending Precisely Equals GDP
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If Total Intended Spending Precisely Equals GDP

Question 53

Question 53

Multiple Choice

If total intended spending precisely equals GDP


A) inflation soars.
B) consumer spending begins to decline.
C) expected rates of return exceed interest rates.
D) unemployment rises.
E) GDP tends to remain unchanged.

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