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  3. Study Set
    Macroeconomics Study Set 17
  4. Exam
    Exam 12: Aggregate Expenditure and Output in the Short Run
  5. Question
    Figure 12-1 -Refer to Figure 12-1.At Point L in the Figure Above,which
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Figure 12-1 -Refer to Figure 12-1.At Point L in the Figure Above,which

Question 10

Question 10

Multiple Choice

Figure 12-1 Figure 12-1   -Refer to Figure 12-1.At point L in the figure above,which of the following is true? A) Aggregate expenditure is greater than GDP. B) The economy has achieved macroeconomic equilibrium. C) Actual inventories are greater than planned inventories. D) GDP will be increasing.
-Refer to Figure 12-1.At point L in the figure above,which of the following is true?


A) Aggregate expenditure is greater than GDP.
B) The economy has achieved macroeconomic equilibrium.
C) Actual inventories are greater than planned inventories.
D) GDP will be increasing.

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