Multiple Choice
When the economy is in equilibrium,
A) the labor force participation rate is 100 percent.
B) planned spending equals planned output.
C) politicians are aware of the concerns of the average consumer.
D) real output is divided equally between consumption goods and investment goods.
Correct Answer:
Verified
Correct Answer:
Verified
Q12: Increases in aggregate supply result in<br>A) an
Q13: A change in the exchange value of
Q14: Which of the following would decrease aggregate
Q15: The circular flow diagram depicts the flow
Q16: How does increased economic uncertainty affect aggregate
Q18: If economic conditions improve in other countries,
Q19: The real balance effect explains the upward
Q20: How is aggregate demand affected if overall
Q21: The slope of the aggregate demand curve
Q22: How are the price level and the