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In the keynesian model, equilibrium national income:

A. Occurs when the marginal propensity to consume equals the multiplier.

B. Occurs at the point where the consumption function crosses the​ 45-degree line.

C. Equals planned​ consumption, investment,​ government, and net export expenditures.

D. Equals planned​ consumption, investment,​ government, and import expenditures.

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Joshua Stredder
Joshua StredderLv10
8 Nov 2020

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