Which of the following have to be in equilibrium for the economy to be in equilibrium?
A) the money market only
B) the goods market only
C) the output and assets markets
D) the savings and investment markets
E) the goods and output markets

Question

Quizplus · Accepted Answer

For an economy to be in equilibrium, both the output market (goods market) and the assets market (money market) need to be in equilibrium. This ensures that supply equals demand in both goods and financial markets.

Which of the Following Have to Be in Equilibrium for the Economy