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Figure 23-1 -Refer to Figure 23-1.If the Economy Is at a Level

Question 277

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Figure 23-1 Figure 23-1 -Refer to Figure 23-1.If the economy is at a level of aggregate expenditure given by point K A) the economy is in equilibrium. B) production is greater than spending. C) production is less than spending. D) inventories will increase above their desired level.
-Refer to Figure 23-1.If the economy is at a level of aggregate expenditure given by point K


A) the economy is in equilibrium.
B) production is greater than spending.
C) production is less than spending.
D) inventories will increase above their desired level.

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