Multiple Choice
Using the Keynesian approach, an economy with $7.5 trillion in total spending and $8.0 trillion in total output is operating where:
A) injections exceed leakages by $500 billion.
B) leakages exceed injections by $500 billion.
C) injections plus leakages add up to $500 billion.
D) injections plus leakages add up to $15.5 trillion.
Correct Answer:

Verified
Correct Answer:
Verified
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