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    Macroeconomics Study Set 9
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    Exam 10: Explaining Aggregate Demand: the Is-Mp Model
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    Figure 10.1 -<B>Refer to Figure 10.1.</b>.If the Level of Real GDP Is
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Figure 10.1 -Refer to Figure 10.1..If the Level of Real GDP Is

Question 39

Question 39

Multiple Choice

Figure 10.1
Figure 10.1    -Refer to Figure 10.1..If the level of real GDP is initially Y₂,spending is ________ production and there is an unexpected ________ in inventories. A)  greater than; increase B)  greater than; decrease C)  less than; increase D)  less than; decrease
-Refer to Figure 10.1..If the level of real GDP is initially Y₂,spending is ________ production and there is an unexpected ________ in inventories.


A) greater than; increase
B) greater than; decrease
C) less than; increase
D) less than; decrease

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