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In the Keynesian Cross Diagram,the 45° Line Represents the Short-Run

Question 51

Multiple Choice

In the Keynesian cross diagram,the 45° line represents the short-run equilibrium condition that ____________.

A) Y = PAE
B) I > I ^P
C) I < I ^P
D) PAE = C + I ^P+ G + NX
E) Y = Y*

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