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    Exam 11: Consumption, Real GDP, and the Multiplier
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    -In the Above Figure, at an Income Level of Y₃
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-In the Above Figure, at an Income Level of Y₃

Question 295

Question 295

Multiple Choice

  -In the above figure, at an income level of Y₃ and planned expenditures of (C + I) ₁, A) planned saving exceeds planned investment. B) the economy is in equilibrium. C) the quantity of aggregate demand exceeds real Gross Domestic Product (GDP) . D) there is full employment.
-In the above figure, at an income level of Y₃ and planned expenditures of (C + I) ₁,


A) planned saving exceeds planned investment.
B) the economy is in equilibrium.
C) the quantity of aggregate demand exceeds real Gross Domestic Product (GDP) .
D) there is full employment.

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