Multiple Choice
According to short run macroeconomic analysis, once an economy attains equilibrium:
A) there will be no unemployment in the economy.
B) investment must be zero.
C) consumption will be equal to or greater than income.
D) there may or may not be unemployment.
Correct Answer:
Verified
Correct Answer:
Verified
Q39: Net exports will increase if imports _and
Q40: Which one of the following expressions best
Q41: An increase in the economy's stock of
Q42: Assume that a private-sector open economy is
Q43: In a diagram illustrating the savings and
Q45: In the short run model of an
Q46: Where I is planned investment, S is
Q47: C=60+.8Y<br>I=I<sub>0</sub>=30<br>X=40<br>Z=10+0.2Y<br>-The equilibrium the level of saving is:<br>A)
Q48: The relationship between household spending and the
Q49: Which of the following statements is false?<br>A)