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On the 45 Degree-Line Diagram,for Points That Lie Below the 45

Question 22

Multiple Choice

On the 45 degree-line diagram,for points that lie below the 45 degree line


A) planned aggregate expenditure is greater than GDP.
B) planned aggregate expenditure is less than GDP.
C) planned aggregate expenditure is equal to GDP.
D) planned aggregate expenditure is less than aggregate income.

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