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If National Income Is Demand- Determined, the Condition for National

Question 94

Multiple Choice

If national income is demand- determined, the condition for national income to be in equilibrium can be stated as:


A) AE must be greater than Y.
B) actual saving equals actual investment.
C) unemployment must equal the natural unemployment rate.
D) desired saving equals actual investment.
E) desired aggregate expenditure equals the actual level of national income.

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