Multiple Choice
Data on output and planned aggregate expenditure in Macroland are given below.
Based on these data, the short-run equilibrium level of output is:
A) 2,000.
B) 3,200.
C) 4,100.
D) 5,000.
Correct Answer:

Verified
Correct Answer:
Verified
Q86: Refer to the accompanying figure. <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6547/.jpg"
Q87: An economic expansion in the United States
Q88: If planned aggregate expenditure (PAE )in an
Q89: The largest component of planned aggregate expenditure
Q90: In Macroland, autonomous consumption equals 100, the
Q92: In the basic Keynesian model, an increase
Q93: For an economy starting at potential output,
Q94: Changes in government purchases affect planned spending
Q95: For an economy starting at potential output,
Q96: Refer to the accompanying figure. <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6547/.jpg"