Multiple Choice
-In the above figure, at an income level of Y3 and planned expenditures of (C + I) 1
A) planned saving exceeds planned investment.
B) the economy is in equilibrium.
C) the quantity of aggregate demand exceeds real Gross Domestic Product (GDP) .
D) there is full employment.
Correct Answer:
Verified
Correct Answer:
Verified
Q309: Which of the following would be expected
Q310: Suppose the marginal propensity to consume is
Q311: Investment is<br>A) a flow concept and is
Q312: In the above figure, a change in
Q313: If an increase of $5 million in
Q315: Saving equals<br>A) disposable income minus taxes.<br>B) disposable
Q316: Which of the following is NOT included
Q317: Suppose the economy is at an equilibrium
Q318: Dissaving occurs when<br>A) disposable income exceeds consumption.<br>B)
Q319: If the marginal propensity to save (MPS)