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    Principles of Economics Study Set 1
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    Exam 25: Spending and Output in the Short Run
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    Short-Run Equilibrium Output Is the Level of Output at Which
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Short-Run Equilibrium Output Is the Level of Output at Which

Question 57

Question 57

Multiple Choice

Short-run equilibrium output is the level of output at which actual output:


A) equals potential output.
B) maximizes firm profits.
C) equals real GDP per capita.
D) equals planned aggregate expenditure.

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