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Refer to the information provided in Table 23.9 below to answer the question(s) that follow.
Table 23.9
-Refer to Table 23.9. Planned saving equals planned investment at an aggregate output level of
National Bureau Of Economic Research
An American private nonprofit research organization that analyzes economic data and trends to determine economic cycles and policies.
Industrial Production
A measure of the output of the industrial sector of the economy which includes manufacturing, mining, and utilities.
Aggregate Supply
The total supply of goods and services that companies in an economy plan on selling during a specific time period.
Deflation
A reduction in the general price level of goods and services in an economy over a period of time.
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