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Exhibit 9-8 Keynesian Aggregate-Expenditures Model in Exhibit 9-8, an Increase

question 136

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Exhibit 9-8 Keynesian aggregate-expenditures model Exhibit 9-8 Keynesian aggregate-expenditures model   In Exhibit 9-8, an increase in aggregate expenditures causes: A) a movement down the aggregate demand curve from equilibrium real GDP $600 to equilibrium real GDP $1,000. B) a movement up the aggregate demand curve from equilibrium real GDP $1,200 to equilibrium real GDP $1,000. C) a shift of the aggregate demand curve to the right, causing equilibrium real GDP to increase from $600 to $1,000. D) a shift of the aggregate demand curve to the left, causing equilibrium real GDP to decrease from $1,200 to $1,000. E) no change in equilibrium real GDP. In Exhibit 9-8, an increase in aggregate expenditures causes:

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