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    Economics Today
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    Exam 12: Consumption, Real GDP, and the Multiplier
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    -In the Above Figure, at an Income Level of Y<sub>3</sub>
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-In the Above Figure, at an Income Level of Y3

Question 65

Question 65

Multiple Choice

  -In the above figure, at an income level of Y<sub>3</sub> and planned expenditures of (C + I) <sub>1</sub>, 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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