An economy is in equilibrium when which of the following conditions is satisfied?

Question

Quizplus · Accepted Answer

An economy is in equilibrium when total saving equals investment. This means that all resources have been used to produce goods and services, and any excess saving is being invested in productive activities. The other options may not necessarily reflect equilibrium, as consumption may exceed output or total saving may not necessarily balance out.

An Economy Is in Equilibrium When Which of the Following