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Comparing total expenditures and production in an economy

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opciones for first 2 blanks cut back/ do not change/ rise 8. Comparing total expenditures and total production The following graph shows total production (TP) and total expenditures (TE) for a hypothetical economy. Suppose Real GDP is $425 billion. If Real GDP is $425 billion, inventories , the firms production, and Real GDPbegin{tabular}{l} decreases to $300 hline decreases to $375 hline does not change hline increases to $500 end{tabular}.

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opciones for first 2 blanks cut back/ do not change/ rise 8. Comparing total expenditures and total production The following graph shows total production (TP) and total expenditures (TE) for a hypothetical economy. Suppose Real GDP is $425 billion. If Real GDP is $425 billion, inventories , the firms production, and Real GDPbegin{tabular}{l} decreases to $300 hline decreases to $375 hline does not change hline increases to $500 end{tabular}

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Comparing total expenditures and production in an economy

  • 1. opciones for first 2 blanks cut back/ do not change/ rise 8. Comparing total expenditures and total production The following graph shows total production (TP) and total expenditures (TE) for a hypothetical economy. Suppose Real GDP is $425 billion. If Real GDP is $425 billion, inventories , the firms production, and Real GDPbegin{tabular}{l} decreases to $300 hline decreases to $375 hline does not change hline increases to $500 end{tabular}