Figure 9-4
-If the amount that consumers wish to save at the full employment level of income is greater than the amount that businesses plan to invest, then
A) there will be an inflationary gap.
B) there will be a recessionary gap.
C) total demand will exceed potential GDP.
D) the economy will move to a higher level of output.
Correct Answer:
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Q151: Suppose the economy operates at potential output,
Q152: The basic idea behind the multiplier is
Q153: Figure 9-4 Q154: If saving exceeds investment, then the level Q155: The multiplier is the 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
A)impact that investment has
