Multiple Choice
Exhibit 9-11 
-In Exhibit 9-11,which of the following best describes the situation at GDP1?
A) Equilibrium GDP
B) Aggregate expenditure exceeds aggregate output and real GDP will increase
C) Aggregate expenditure exceeds aggregate output and real GDP will decrease
D) Aggregate expenditure is less than aggregate output and real GDP will increase
E) Aggregate expenditure is less than aggregate output and real GDP will decrease
Correct Answer:
Verified
Correct Answer:
Verified
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