-Refer to the above figure. Point B
A)equals autonomous consumption.
B)equals autonomous consumption plus autonomous consumption plus planned investment plus autonomous government spending plus autonomous net exports.
C)has no special significance.
D)equals government expenditures.

Question

-Refer to the above figure. Point B
A)equals autonomous consumption. 
B)equals autonomous consumption plus autonomous consumption plus planned investment plus autonomous government spending plus autonomous net exports. 
C)has no special significance. 
D)equals government expenditures.

Quizplus · Accepted Answer

Point B represents the equilibrium level of national income, which is equal to autonomous consumption plus autonomous investment plus autonomous government spending plus autonomous net exports.

-Refer to the Above Figure. Point B