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    Principles of Macroeconomics Study Set 18
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    Exam 11: Spending, Output, and Fiscal Policy
  5. Question
    Refer to the Figure Below
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Refer to the Figure Below

Question 88

Question 88

Multiple Choice

Refer to the figure below. Refer to the figure below.   Based on the Keynesian cross diagram, at short-run equilibrium output autonomous expenditure equals ______ and induced expenditure equals ______. A) 1,000; 3,000 B) 1,000; 4,000 C) 3,000; 4,000 D) 4,000; 2,000 Based on the Keynesian cross diagram, at short-run equilibrium output autonomous expenditure equals ______ and induced expenditure equals ______.


A) 1,000; 3,000
B) 1,000; 4,000
C) 3,000; 4,000
D) 4,000; 2,000

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