View the step-by-step solution to: The two major curves or lines in the TE-TP diagram are: 1. the

The two major curves or lines in the TE-...
The two major curves or lines in the TE-TP diagram are:
1. the total expenditure curve and the 45-degree line.

2. the supply and demand curves.

3. the total expenditures and national income curves.

4. the total production and national income curves.

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