Use a 45 degree-line diagram to illustrate macroeconomic equilibrium.Make sure your diagram shows the aggregate expenditure function.Include in your diagram a point where aggregate expenditure is greater than GDP and a point where aggregate expenditure is less than GDP.
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Q214: Figure 12-3 Q215: The ratio of the increase in _ Q216: If planned aggregate expenditure equals GDP,the economy Q217: If planned aggregate expenditure is less than Q218: Macroeconomic equilibrium can occur at any point Q220: When net exports equal zero,the economy is Q221: The passage of the Smoot-Hawley Tariff in Q222: Which of the following is a true Q223: The multiplier is calculated as the Q224: The multiplier is calculated as the change
A)change in
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