Multiple Choice
In the Keynesian cross diagram, the ______ line relates planned aggregate expenditure to output and the ______ line represents the condition that planned aggregate expenditure equals short-run equilibrium output.
A) consumption function; 45°
B) 45°; consumption function
C) expenditure; 45°
D) 45°; expenditure
Correct Answer:
Verified
Correct Answer:
Verified
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