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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 42

Question 42

Multiple Choice

  Refer to the graph above for a private closed economy. At the equilibrium level of GDP, saving will be: A)  $50 billion B)  $100 billion C)  $150 billion D)  Cannot be determined from the information given Refer to the graph above for a private closed economy. At the equilibrium level of GDP, saving will be:


A) $50 billion
B) $100 billion
C) $150 billion
D) Cannot be determined from the information given

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