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Author Question: What is the relationship between aggregate planned expenditure and real GDP at equilibrium ... (Read 124 times)

bobbie

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on: Jun 29, 2018
What is the relationship between aggregate planned expenditure and real GDP at equilibrium expenditure?
 
  What will be an ideal response?

Question 2

An increase in quantity supplied is represented by a rightward shift of the supply curve.
 
  Indicate whether the statement is true or false
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
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IRincones

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Reply #1 on: Jun 29, 2018
Answer to Question 1

Equilibrium expenditure occurs when aggregate planned expenditure equals real GDP.

Answer to Question 2

FALSE


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