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    Economics Today Study Set 1
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    Exam 12: Consumption, Real GDP, and the Multiplier
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    When the Economy Is Operating at the Equilibrium Level of GDP
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When the Economy Is Operating at the Equilibrium Level of GDP

Question 414

Question 414

Multiple Choice

When the economy is operating at the equilibrium level of GDP, we know that


A) total planned real consumption expenditures equal real GDP.
B) planned real investment spending equals real net exports of zero.
C) total planned real expenditures equal real GDP.
D) real net exports equal inventory changes.

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