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    Exam 3: Income and Interest Rates: the Keynesian Cross Model and the Is Curve
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    If Total Planned Spending (E(p))exceeds GDP,we Expect That
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If Total Planned Spending (E(p))exceeds GDP,we Expect That

Question 120

Question 120

Multiple Choice

If total planned spending (E(p) ) exceeds GDP,we expect that


A) inventories will be falling.
B) inventories will be rising.
C) GDP will be falling.
D) government expenditures must be rising.

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