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Exhibit 9-11 -In Exhibit 9-11,which of the Following Best Describes the Situation

Question 144

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Exhibit 9-11 Exhibit 9-11 -In Exhibit 9-11,which of the following best describes the situation at GDP<sub>1</sub>? A) Equilibrium GDP B) Aggregate expenditure exceeds aggregate output and real GDP will increase C) Aggregate expenditure exceeds aggregate output and real GDP will decrease D) Aggregate expenditure is less than aggregate output and real GDP will increase E) Aggregate expenditure is less than aggregate output and real GDP will decrease
-In Exhibit 9-11,which of the following best describes the situation at GDP1?


A) Equilibrium GDP
B) Aggregate expenditure exceeds aggregate output and real GDP will increase
C) Aggregate expenditure exceeds aggregate output and real GDP will decrease
D) Aggregate expenditure is less than aggregate output and real GDP will increase
E) Aggregate expenditure is less than aggregate output and real GDP will decrease

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