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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
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-Refer to the Above Diagram

Question 23

Question 23

True/False

  -Refer to the above diagram.The equilibrium level of GDP for this private open economy is Y<sub>3</sub>.
-Refer to the above diagram.The equilibrium level of GDP for this private open economy is Y3.

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