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Assuming there is no government or foreign sector, the economy will be in equilibrium if, and only ...

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Assuming there is no government or foreign sector, the economy will be in equilibrium if, and only ...

Question 1.

If aggregate expenditure decreases, then equilibrium output increases.

▸ true

▸ false

Question 2.

Assuming there is no government or foreign sector, the economy will be in equilibrium if, and only if, planned investment equals actual investment.

▸ true

▸ false

Textbook

Principles of Economics

Edition: 12^th

Authors: Case, Fair, Oster

Read 53 times

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linhhh Author

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