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    Macroeconomics Study Set 43
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    Exam 11: B: The Aggregate Expenditures Model
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    In a Private Closed Economy, Aggregate Expenditures Will Equal GDP
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In a Private Closed Economy, Aggregate Expenditures Will Equal GDP

Question 180

Question 180

Multiple Choice

In a private closed economy, aggregate expenditures will equal GDP where:


A) consumption equals investment.
B) consumption plus investment equals aggregate expenditures.
C) planned investment equals saving.
D) disposable income equals consumption minus saving.

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