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Author Question: Personal consumption expenditures is the smallest component of total spending. a. True b. False ... (Read 142 times)

Pineapplelove6

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on: Jun 30, 2018
Personal consumption expenditures is the smallest component of total spending.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

The vertical portion of the aggregate supply curve shows that at full employment an increase in the price level will:
 a. not alter the economy's full-employment real GDP.
  b. increase the economy's full-employment real GDP.
  c. reduce the quantity of goods and services purchasers will demand.
  d. improve the overall efficiency of resource use.


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cupcake16

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Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

a


Pineapplelove6

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Reply 2 on: Jun 30, 2018
Excellent

xiazhe

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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