Multiple Choice
Equilibrium expenditure occurs where
A) the aggregate expenditure curve crosses the 45-degree line.
B) planned expenditures exceed national income.
C) savings exceed planned investment.
D) All of the answers are correct.
Correct Answer:
Verified
Correct Answer:
Verified
Q99: The graph of the aggregate expenditure curve
Q100: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -In the above
Q101: The slope of the consumption function is<br>A)
Q102: As globalization has increased, the trend in
Q103: The multiplier effect is smallest<br>A) in the
Q105: Any change in the price level will
Q106: When investment exceeds planned investment, aggregate planned
Q107: If the consumption function lies below the
Q108: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -Using the above
Q109: Induced consumption is equal to<br>A) saving when