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    Foundations of Macroeconomics Study Set 1
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    Exam 14: Aggregate Expenditure Multiplier
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    If Real GDP ________ Aggregate Planned Expenditure, Then as a Result
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If Real GDP ________ Aggregate Planned Expenditure, Then as a Result

Question 180

Question 180

Multiple Choice

If real GDP ________ aggregate planned expenditure, then as a result firms ________ production.


A) equals; increase
B) exceeds; decrease
C) is less than; decrease
D) equals; decrease
E) exceeds; increase

Correct Answer:

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