Multiple Choice
-Refer to the above diagram for a private closed economy.In this economy,aggregate expenditures:
A) do not change as GDP increases.
B) increase by $2 for every $5 increase in GDP.
C) increase by $2 for every $4 increase in GDP.
D) increase by $2 for every $3 increase in GDP.
Correct Answer:

Verified
Correct Answer:
Verified
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