The equilibrium level of aggregate planned expenditure is found where
A) there is no saving and no dissaving.
B) net exports is zero.
C) aggregate planned expenditure equals real GDP.
D) autonomous expenditure equals equilibrium expenditure.
E) the price level is rising at a constant rate.
C
Economics
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A) the national interest. B) the global interest. C) well organized, special interest groups. D) policies that are in the long-run interest of economists.
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If the demand curve for a product is vertical, any tax increase on the product is paid for entirely by the consumer
Indicate whether the statement is true or false
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