In macroeconomics, equilibrium is defined as the point at which:
A) the economy attains the highest level of GDP.
B) there is no unemployment in the economy.
C) people's plans match the reality.
D) people adjust their behavior to match plans with reality.
E) there is no inflation in the economy.
Correct Answer:
Verified
Q9: The figure given below represents the leakages
Q10: The figure given below shows the aggregate
Q11: Which of the following can be considered
Q12: The figure given below shows the aggregate
Q13: The table given below states the value
Q15: If aggregate expenditures are less than real
Q16: The table given below shows the levels
Q17: The table given below shows the levels
Q18: Assume that an economy is in equilibrium
Q19: The table given below shows the levels
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