Multiple Choice
Total spending will equal total output
A) after inventory adjustments
B) only when total leakages are equal to total injections
C) by the end of every year
D) only when the sum of saving and investment equals the sum of net taxes and government expenditures
E) saving is equal to net taxes
Correct Answer:
Verified
Correct Answer:
Verified
Q179: When we talk about injections in the
Q180: Assume the economy is currently in
Q181: According to classical economists,<br>A) full employment means
Q182: What is the full-employment output level?<br>A) The
Q183: The aggregate production function shows how much
Q185: In the classical model,if the amount households
Q186: The classical model<br>A) is another name for
Q187: An aggregate production function,when shown on a
Q188: Because financial markets clear,we know that leakages
Q189: Say's law assures us that in the