Solved

In the Simple Keynesian Aggregate Expenditure Model, the Equilibrium Level

Question 44

Multiple Choice

In the simple Keynesian aggregate expenditure model, the equilibrium level of disposable income is achieved when:


A) the employment rate is equal to the labor force participation rate.
B) saving equals investment.
C) aggregate expenditures exceed output.
D) aggregate expenditures are equal to real disposable income.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q1: A movement along the consumption function is

Q40: The demand curve for investment in the

Q41: If firms increase investment, the aggregate expenditures

Q42: Exhibit 8-14 Consumption function <img src="https://d2lvgg3v3hfg70.cloudfront.net/TBX9027/.jpg" alt="Exhibit

Q43: Which one of the following will shift

Q45: Exhibit 8-10 Consumption function <img src="https://d2lvgg3v3hfg70.cloudfront.net/TBX9027/.jpg" alt="Exhibit

Q47: Exhibit 8-2 Consumption function <img src="https://d2lvgg3v3hfg70.cloudfront.net/TBX9027/.jpg" alt="Exhibit

Q48: Which of the following events would produce

Q49: A movement along in the consumption function

Q103: That part of disposable income not spent