Multiple Choice
At the equilibrium expenditure
A) purchasers are willing to buy exactly the amount of real GDP that is produced.
B) purchasers will be prone to bid up prices.
C) there can be unplanned inventory accumulation.
D) an increase in desired expenditure cannot increase the level of real GDP.
Correct Answer:
Verified
Correct Answer:
Verified
Q12: The marginal propensity to consume must increase
Q81: Autonomous consumption is<br>A) consumption expenditure that does
Q82: There is a movement along the consumption
Q85: Real GDP<br>A) is always greater then aggregate
Q87: With consumption expenditure on the vertical axis
Q88: In the very short run, the components
Q89: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5270/.jpg" alt=" -In the above
Q90: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5270/.jpg" alt=" -Real GDP equals
Q91: If a $75 billion increase in autonomous
Q209: List and explain factors that determine the