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    Macroeconomics Study Set 17
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    Exam 12: Aggregate Expenditure and Output in the Short Run
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    The Key Idea of the Aggregate Expenditure Model Is That
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The Key Idea of the Aggregate Expenditure Model Is That

Question 232

Question 232

Multiple Choice

The key idea of the aggregate expenditure model is that in any particular year,the level of ________ is determined mainly by the level of aggregate expenditure.


A) frictional unemployment
B) export spending
C) government spending
D) GDP

Correct Answer:

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