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If planned aggregate expenditure equals GDP,the economy is in macroeconomic equilibrium.
Q39: Refer to Figure 13-2.Ceteris paribus,a decrease in
Q58: On average,in the recessions since 1950,it has
Q103: Suppose Bill Gates deposits $20 million into
Q130: In a small European country,it is estimated
Q149: Explain how unemployment changes over the business
Q158: When we graph consumption as a function
Q172: If the MPC is 0.95,then a $10
Q189: If firms find that consumers are purchasing
Q202: Suppose the economy is at a short-run
Q210: Draw a graph of "catch-up" that shows