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If Prices Are Fixed, an Increase in Aggregate Expenditures Results

Question 23

Multiple Choice

If prices are fixed, an increase in aggregate expenditures results in an increase in equilibrium GDP that


A) has no necessary relationship to the size of the change in aggregate expenditure.
B) is greater than the change in aggregate expenditure.
C) is equal to the change in aggregate expenditure.
D) is less than the change in aggregate expenditure.

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