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    Exam 3: Income and Interest Rates: the Keynesian Cross Model and the Is Curve
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    When an Economy Is Not in Equilibrium
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When an Economy Is Not in Equilibrium

Question 105

Question 105

Multiple Choice

When an economy is not in equilibrium,


A) planned expenditures exceed production and income.
B) there is no savings nor investment.
C) government tax revenues equal planned government expenditures.
D) production and income equal planned expenditures.

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