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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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    Equilibrium GDP Is Equal to
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Equilibrium GDP Is Equal to

Question 160

Question 160

Multiple Choice

Equilibrium GDP is equal to


A) autonomous expenditure times the marginal propensity to consume.
B) autonomous expenditure times the marginal propensity to save.
C) autonomous expenditure times the multiplier.
D) autonomous expenditure.

Correct Answer:

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