Multiple Choice
All except one of the following statements concerning the equilibrium level of income are correct.Which is incorrect?
A) There will be no tendency for firms to increase or decrease production.
B) The economy is operating at full employment.
C) Unplanned investment in inventories will not occur.
D) Leakages equal injections.
E) Aggregate expenditures equal income.
Correct Answer:
Verified
Correct Answer:
Verified
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