Total spending will equal total output
a. after inventory adjustments
b. only when total leakages are equal to total injections
c. by the end of every year
d. only when the sum of saving and investment equals the sum of net taxes and government expenditures
e. saving is equal to net taxes
B
Economics
You might also like to view...
The figure above shows the demand and cost curves for a single-price monopoly. What level of output maximizes the firm's economic profit?
A) 0 units B) 20 units C) 30 units D) 50 units
Economics
Which of the following offers theories to explain why the government, like the private sector, may also "fail"?
a. Social economics. b. Public choice theory. c. Rational expectations theory. d. Keynesian economics.
Economics