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If Leakages Are Less Than Injections,equilibrium Output Will Be

Question 94

Multiple Choice

If leakages are less than injections,equilibrium output will be


A) Less than full-employment output,and a recessionary gap will occur.
B) More than full-employment output,and a recessionary gap will occur.
C) Less than full-employment output,and an inflationary gap will occur.
D) More than full-employment output,and an inflationary gap will occur.

Correct Answer:

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