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    Macroeconomics Study Set 41
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    Exam 11: Expenditure Multipliers: the Keynesian Model
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    Expenditure That Does NOT Depend on Real GDP Is Called
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Expenditure That Does NOT Depend on Real GDP Is Called

Question 115

Question 115

Multiple Choice

Expenditure that does NOT depend on real GDP is called


A) induced expenditure.
B) spurious expenditure.
C) equilibrium expenditure.
D) autonomous expenditure.

Correct Answer:

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