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sgy_89 sgy_89
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6 years ago
Which of the following is a false statement regarding the equilibrium output?
A) At the equilibrium output, total spending must be equal to total output.
B) At the equilibrium output, full employment must exist.
C) At the equilibrium output, there is no unintended increase or decrease in inventory.
D) The equilibrium output will tend to be maintained.
E) When the economy has produced the equilibrium output, there will be no incentive for businesses to expand or contract production.
Textbook 
Introduction to Economic Reasoning

Introduction to Economic Reasoning


Edition: 8th
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foliogefolioge
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