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    Exam 38: Current Issues in Macro Theory and Policy
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    The Equation Underlying the Mainstream View of Macroeconomics Is
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The Equation Underlying the Mainstream View of Macroeconomics Is

Question 1

Question 1

Multiple Choice

The equation underlying the mainstream view of macroeconomics is:


A) MV = PQ.
B) Ca + Ig + Xn + G = GDP.
C) S = a - bY.
D) GDP = P × Q.

Correct Answer:

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