-In the above figure, equilibrium expenditure is equal to
A) $5 trillion.
B) $15 trillion.
C) $20 trillion.
D) $10 trillion.
E) None of the above answers is correct
Correct Answer:
Verified
Q57: Q58: When aggregate planned expenditure exceeds real GDP, Q59: In the aggregate expenditure (AE) model, the Q60: A country reports that unplanned inventories increased Q61: Increases in autonomous expenditure induce _ in Q63: When the multiplier is _, an autonomous Q64: If autonomous spending decreases, then Q65: An economy has no imports or income Q66: If an increase of $10 billion in Q67: If the MPC is 0.6 and there
A)
A) the expenditure
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