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    Exam 12: Fiscal Policy
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    Figure 12.1: -Assuming Aggregate Demand Is Represented by AD<sub>1</sub>,the Equilibrium Level of Equilibrium
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Figure 12.1: -Assuming Aggregate Demand Is Represented by AD1,the Equilibrium Level of Equilibrium

Question 39

Question 39

Multiple Choice

Figure 12.1: Figure 12.1:   -Assuming aggregate demand is represented by AD<sub>1</sub>,the equilibrium level of income in Figure 12.1 is: A)  $800 billion. B)  $5.2 trillion. C)  $5.6 trillion. D)  $6.0 trillion.
-Assuming aggregate demand is represented by AD1,the equilibrium level of income in Figure 12.1 is:


A) $800 billion.
B) $5.2 trillion.
C) $5.6 trillion.
D) $6.0 trillion.

Correct Answer:

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