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Points Where the Aggregate Expenditure (AE) Curve Lie Above the 45∘

Question 72

Multiple Choice

Points where the aggregate expenditure (AE) curve lie above the 45∘ line are points where aggregate planned expenditure is

A) greater than real GDP.
B) less than real GDP.
C) equal to real GDP.
D) the inverse of real GDP.
E) not related to real GDP.

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