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In the short-run Keynesian model, to close an expansionary gap of $10 billion dollars government purchases must be:
Work in Process Subsidiary Ledger
A detailed account that tracks the costs of unfinished goods in the manufacturing process at any given time.
Job Cost Sheet
A document that records and tracks the costs associated with a specific job or project, including materials, labor, and overhead.
Receiving Report
A document used by a company to record the receipt of goods from a supplier, detailing the quantity and condition of the items received.
Purchased Materials
Refers to the raw materials bought by a company to be used in production or merchandise bought for resale.
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