Equilibrium expenditure occurs where * The aggregate expenditure curve crosses the 45-degree line Planned expenditures exceed national income Savings exceed planned investment O All of the answers are correct Option 5

Equilibrium expenditure occurs where * The aggregate expenditure curve crosses the 45-degree line Planned expenditures exceed national income Savings exceed planned investment O All of the answers are correct Option 5

MACROECONOMICS FOR TODAY

10th Edition

ISBN:9781337613057

Author:Tucker

Publisher:Tucker

Chapter9: The Keynesian Model In Action

Section: Chapter Questions

Problem 3SQP

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Question

Equilibrium expenditure occurs where *
The aggregate expenditure curve crosses the 45-degree line
Planned expenditures exceed national income
Savings exceed planned investment
O All of the answers are correct
O Option 5
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