On the 45-Degree Line Diagram, for Points That Lie Below

question 177

Multiple Choice

On the 45-degree line diagram, for points that lie below the 45-degree line,

• A)planned aggregate expenditure is greater than GDP.
• B)planned aggregate expenditure is less than GDP.
• C)planned aggregate expenditure is equal to GDP.
• D)planned aggregate expenditure is less than aggregate income.
• E)planned investment is less than unplanned investment.

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