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    Macroeconomics Study Set 12
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    Exam 3: Income and Interest Rates: the Keynesian Cross Model and the Is Curve
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    If Y Is Income,E Is Actual Expenditure,Ep Is Planned Expenditure,and
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If Y Is Income,E Is Actual Expenditure,Ep Is Planned Expenditure,and

Question 50

Question 50

Multiple Choice

If Y is income,E is actual expenditure,Ep is planned expenditure,and Iu is unintended inventory investment,then


A) Y = E + Iu.
B) Iu = Y - E.
C) Y = Ep + Iu.
D) none of the above.

Correct Answer:

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