Points Where the Aggregate Expenditure (AE) Curve Lie Above the 45∘

question 72

Multiple Choice

Points where the aggregate expenditure (AE) curve lie above the 45∘ line are points where aggregate planned expenditure is

• A) greater than real GDP.
• B) less than real GDP.
• C) equal to real GDP.
• D) the inverse of real GDP.
• E) not related to real GDP.

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