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:
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Q32: Figure 4 Q34: Which of the following will not weaken Q35: Which of the following will generate a Q36: IS stands for: Q36: Figure 4 Q40: The slope of the expenditure line is
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A) Investment and Spending
B) Imports
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