Multiple Choice
According to the Keynesian aggregate expenditures model, equilibrium and full employment:
A) always occur at the same income level of real GDP.
B) may differ, but there is an automatic mechanism that directs the economy toward full-employment equilibrium.
C) could never occur at the same level of real GDP.
D) do not necessarily occur at the same level of real GDP.
Correct Answer:

Verified
Correct Answer:
Verified
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