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Macroeconomics + Economy 2009 Update 18th Edition by Campbell McConnell, Sean Masaki Flynn,Stanley Brue
Edition 18ISBN: 9780077354237Macroeconomics + Economy 2009 Update 18th Edition by Campbell McConnell, Sean Masaki Flynn,Stanley Brue
Edition 18ISBN: 9780077354237 Exercise 5
The $490 billion level of real GDP is not at equilibrium because:
A) investment exceeds consumption.
B) consumption exceeds investment.
C) planned C + I g exceeds real GDP.
D) planned C + I g is less than real GDP.
A) investment exceeds consumption.
B) consumption exceeds investment.
C) planned C + I g exceeds real GDP.
D) planned C + I g is less than real GDP.
Explanation
Verified
Verified
At 45-degree line, aggregate expenditure...
Macroeconomics + Economy 2009 Update 18th Edition by Campbell McConnell, Sean Masaki Flynn,Stanley Brue
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