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Figure 9-1 In Figure 9-1

Question 93

Multiple Choice

Figure 9-1
Figure 9-1 In Figure 9-1, A) the 45° line represents all points where spending equals output. B) to the left of equilibrium GDP, inventories will rise. C) to the right of equilibrium GDP, inventories will fall. D) the level of equilibrium GDP equals potential GDP.
In Figure 9-1,


A) the 45° line represents all points where spending equals output.
B) to the left of equilibrium GDP, inventories will rise.
C) to the right of equilibrium GDP, inventories will fall.
D) the level of equilibrium GDP equals potential GDP.

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