In the aggregate expenditures model, equilibrium occurs if:
a. consumption equals investment
b. inventory equals investment.
c. aggregate expenditures equal consumption.
d. aggregate expenditures equal disposable income.
d
Economics
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When Javier's income increases by $5,000, he spends an additional $3,750 dollars. This implies that his marginal propensity to consume is 0.75
Indicate whether the statement is true or false
Economics
Antitrust activities by the government:
A. can cause inefficiencies. B. sometimes increase the efficiency of a market. C. are accused of being politically motivated. D. All of these statements are true.
Economics