Multiple Choice
Which of the following is not true at the equilibrium quantity of GDP demanded?
A) aggregate expenditure equals real GDP
B) planned investment equals actual investment
C) planned investment equals saving
D) planned investment is greater than unintended inventory adjustment
E) planned injections into the circular flow are less than planned leakages out of the flow
Correct Answer:
Verified
Correct Answer:
Verified
Q3: Which of the following would cause a
Q4: A decrease in the price level will
Q5: On the aggregate expenditure graph,if autonomous investment
Q6: If autonomous consumption rises by $0.8 trillion
Q7: Which of the following is not a
Q9: The simple multiplier<br>A)when divided by consumption spending
Q10: If the mps is 0.25,the simple multiplier
Q11: If output exceeds planned aggregate spending,the result
Q12: What is the effect of an increase
Q13: If the price level decreases,<br>A)the aggregate expenditures