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Data on Output and Planned Aggregate Expenditure in Macroland Are

Question 137

Multiple Choice

Data on output and planned aggregate expenditure in Macroland are given below: Data on output and planned aggregate expenditure in Macroland are given below:   Based on these data,the short-run equilibrium level of output is _________ and the income-expenditure multiplier equals _________. A)  2,500;2.6 B)  4,000;1.6 C)  4,000;1.7 D)  4,000;1.8 E)  5,000;5.0
Based on these data,the short-run equilibrium level of output is _________ and the income-expenditure multiplier equals _________.


A) 2,500;2.6
B) 4,000;1.6
C) 4,000;1.7
D) 4,000;1.8
E) 5,000;5.0

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