In a Simple Macro Model with Demand- Determined Output, the Equilibrium

Multiple Choice

In a simple macro model with demand- determined output, the equilibrium level of national income is at an income

A) to the left of the point where the AE curve intersects the 45- degree line.
B) to the right of the point where the AE curve intersects the 45- degree line.
C) where the AE curve intersects the 45- degree line.
D) where saving equals income.
E) where saving equals consumption.