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    Exam 15: A Simple Model of the Macro Economy
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    In the Aggregate Demand-Output Model, If an Economy Operates Above
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In the Aggregate Demand-Output Model, If an Economy Operates Above

Question 124

Question 124

Multiple Choice

In the aggregate demand-output model, if an economy operates above equilibrium GDP, there will be:


A) unplanned inventory depletion.
B) an increase in GDP.
C) a decrease in employment.
D) an increase in employment.

Correct Answer:

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