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20-07-2021
Social Studies

contestada

In the aggregate expenditures model, the equilibrium GDP is

Respuesta :

PiaDeveau PiaDeveau

25-07-2021

Answer:

Private closed economy

Explanation:

Aggregate expenditures are linked to real GDP in the aggregate appropriations model. The convergence of the collective expenditure curve with the 45-degree line in the model represents equilibrium, which occurs when aggregate expenditures approximate real GDP.

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