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Refer to the Accompanying Figure

Question 103

Multiple Choice

Refer to the accompanying figure. Refer to the accompanying figure. Based on the Keynesian cross diagram, if output equals 5,000, planned aggregate expenditure is ________ output, and firms will ________ production in response. A) less than; decrease B) greater than; decrease C) equal to; not change D) less than; increase Based on the Keynesian cross diagram, if output equals 5,000, planned aggregate expenditure is ________ output, and firms will ________ production in response.


A) less than; decrease
B) greater than; decrease
C) equal to; not change
D) less than; increase

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