The aggregate expenditures function:

a. has the same slope as the aggregate demand curve.
b. is the key determinant of equilibrium real GDP in a fixed-price model.
c. is negatively related to household consumption.
d. is negatively related to net exports.
e. is equal to C+I+G-X.

b

Economics

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Find the size of the civilian labor force from the following data: frictional unemployment = 150, structural unemployment = 200, cyclical unemployment = 225, discouraged workers = 25, underemployed workers = 75, fully employed workers = 850, total population = 2,000

a. 1,425 b. 1,450 c. 1,500 d. 1,525 e. 2,000

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