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Use a 45-Degree Diagram to Illustrate Macroeconomic Equilibrium

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Essay

Use a 45-degree diagram to illustrate macroeconomic equilibrium.Make sure your diagram shows the aggregate expenditure function.Include in your diagram a point where aggregate expenditure is greater than GDP and a point where aggregate expenditure is less than GDP.


Definitions:

Epiglottis

The Epiglottis is a leaf-shaped flap of cartilage located behind the tongue, at the top of the larynx, that prevents food and liquid from entering the windpipe during swallowing.

Pleural Effusion

A buildup of fluid within the pleural cavity.

Pus

A thick, yellowish or greenish opaque liquid produced in infected tissue, consisting of dead white blood cells and bacteria with tissue debris and serum.

Posterior Wall

The back side of a body cavity or an anatomical structure.

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