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    Macroeconomics Study Set 22
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    Exam 11: The Aggregate Expenditures Model
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    -Refer to the Above Diagram for a Private Closed Economy
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-Refer to the Above Diagram for a Private Closed Economy

Question 111

Question 111

Multiple Choice

  -Refer to the above diagram for a private closed economy.The equilibrium level of GDP is: A)  $400 B)  $300 C)  $250 D)  $375
-Refer to the above diagram for a private closed economy.The equilibrium level of GDP is:


A) $400
B) $300
C) $250
D) $375

Correct Answer:

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