Which of the following markets must clear if injections from the income-spending stream are to equal leakages from the stream?
a. The resource market
b. The labor market
c. The goods market
d. The aggregate market
e. The loanable funds market
E
Economics
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Refer to the figure above. If the monopolist faces a constant marginal cost of $6, what is the optimal quantity that it should produce?
A) 20 units B) 30 units C) 40 units D) 60 units
Economics
The sum of consumption (C), investment (I), government spending (G), and net exports (X-M) is called:
a. autonomous spending. b. aggregate expenditures. c. Keynesian income d. wealth.
Economics