4. The $430 billion level of real GDP is not at equilibrium because: a. investment exceeds consumption.
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4. The $430 billion level of real GDP is not at equilibrium because:
a. investment exceeds consumption.
b. consumption exceeds investment.
c. planned C + Ig exceeds real GDP.
d. planned C + Ig is less than real GDP.
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Related Book For
Macroeconomics
ISBN: 9781259915673
21st Edition
Authors: Campbell McConnell, Stanley Brue , Sean Flynn
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