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    Macroeconomics Study Set 17
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    Exam 12: Aggregate Expenditure and Output in the Short Run
  5. Question
    The Aggregate Expenditure Model Focuses on the Short-Run Relationship Between
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The Aggregate Expenditure Model Focuses on the Short-Run Relationship Between

Question 52

Question 52

Multiple Choice

The aggregate expenditure model focuses on the short-run relationship between ________ and ________.


A) real spending; real GDP
B) unemployment; inflation
C) nominal spending; nominal GDP
D) planned inventories; unplanned inventories

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