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    Exam 11: The Aggregate Expenditures Model
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    Refer to the Graph Above for a Private Closed Economy
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Refer to the Graph Above for a Private Closed Economy

Question 80

Question 80

Multiple Choice

  Refer to the graph above for a private closed economy. The equilibrium level of GDP in this economy is: A)  $150 billion B)  $250 billion C)  $350 billion D)  $450 billion Refer to the graph above for a private closed economy. The equilibrium level of GDP in this economy is:


A) $150 billion
B) $250 billion
C) $350 billion
D) $450 billion

Correct Answer:

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