The goods market is in equilibrium when which of the following conditions is satisfied?
A) Output equals consumption.
B) Total saving equals zero.
C) Output equals total saving plus investment.
D) Total saving equals investment.
E) Consumption equals saving.
Correct Answer:
Verified
Q10: A decrease in the propensity to consume
Q11: A tax hike will cause:
A) a decrease
Q12: Suppose the propensity to consume equals 0.83.
Q13: Which of the following components of GDP
Q14: The equilibrium condition in the goods market
Q16: Which of the following equals demand in
Q17: In the goods market model presented in
Q18: Suppose the consumption equation is represented by
Q19: Inventory investment is the difference between which
Q20: Which of the following types of government
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