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Figure 14.3 -In Figure 14.3,if the Economy Is at a Level of a Level

Question 153

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Figure 14.3 Figure 14.3 -In Figure 14.3,if the economy is at a level of aggregate expenditure given by point K, A) the economy is in equilibrium. B) production is greater than spending. C) production is less than spending. D) inventories will increase above their desired level.
-In Figure 14.3,if the economy is at a level of aggregate expenditure given by point K,


A) the economy is in equilibrium.
B) production is greater than spending.
C) production is less than spending.
D) inventories will increase above their desired level.

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