Macroeconomic equilibrium occurs when:

a. Expected supply equals expected demand.
b. Expected leakages equal actual injections.
c. Actual leakages equal expected injections.
d. Actual supply equals actual demand and actual leakages equal actual injections.
e. Expected amount supplied equals expected amount demanded, which means expected leakages equal expected injections.


.E

Economics

You might also like to view...

Which answer best describes how economists suggest we deal with monopolies and oligopolies?

a. We should regulate them all until the markets become competitive. b. We should leave them alone. c. Those firms should be nationalized. d. We should fully enforce all antitrust laws. e. There is no consensus among economists on this issue.

Economics

The basic reason for the multiplier effect is that, when you spend money,

a. another person receives income. b. another person must pay for it. c. your money balances are reduced. d. your net worth decreases.

Economics

Suppose the people of Florencia spend $60 and save $40 for every $100 they earn. In this case, the marginal propensity to save equals _____

a. 0.2 b. 0.7 c. 0.4 d. 0.8

Economics

Refer to the information provided in Figure 7.1 below to answer the following question(s).  Figure 7.1Refer to Figure 7.1. A corn producer's total revenue is $1,000. If she sells each bushel of corn for $5, she must be selling ________ bushels of corn.

A. 200 B. 450 C. 900 D. 4,500

Economics