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True or False
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1
One of the most important macro goals is to achieve macro equilibrium.
A)True
B)False
2
According to Keynes, the major source of macro instability was business investment spending.
A)True
B)False
3
A change in consumer expectations can shift the aggregate demand curve.
A)True
B)False
4
A recessionary gap occurs when equilibrium GDP exceeds full employment GDP.
A)True
B)False
5
A fall in consumer spending will be made up by an increase in investment spending.
A)True
B)False





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