The goods market is said to be in equilibrium when
A) the economy is operating at full employment.
B) planned expenditure is equal to actual income.
C) consumers' spending plus household saving is equal to national income.
D) The government's budget is neither in surplus or deficit.
Correct Answer:
Verified
Q26: The slope of the IS curve is
Q27: Which of the following statements about the
Q28: If the economy is suffering from demand
Q29: In the IS-LM model, general equilibrium refers
Q30: A shift in the LM curve can
Q32: Which of the following will generate a
Q33: Refer to figure 2 below. Which of
Q34: Which of the following will not weaken
Q35: Refer to figure 3 below. Which statement
Q36: IS stands for:
A) Investment and Spending
B) Imports
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents