An expenditure schedule model with no government sector shows the relationship between
A) C and national product.
B) C and disposable income.
C) C + I and national income.
D) GDP and disposable income.
Correct Answer:
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Q61: Equilibrium GDP on the demand side occurs
Q62: Real wealth changes with
A)disposable income.
B)consumption.
C)the price level.
D)GDP.
Q63: A rising price level should shift the
Q64: A higher price level would mean _
Q65: If the economy is in equilibrium, it
Q67: Investment spending might be larger when GDP
Q68: If the U.S.economy is experiencing falling price
Q69: Which of the following shows the relationship
Q70: If the U.S.price level decreases, then
A)the expenditure
Q71: When net exports increase,
A)the expenditures schedule increases.
B)the
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