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The Aggregate Output Demanded for a Given Price Level Occurs

Question 181

Multiple Choice

The aggregate output demanded for a given price level occurs at the point where _____


A) an economy reaches the full employment of labor.
B) aggregate expenditure equals real gross domestic product (GDP) .
C) actual aggregate expenditure exceeds real gross domestic product (GDP) .
D) inventories of goods and services start increasing.
E) inventories of goods and services start decreasing.

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