Author Question: On the 45-degree line diagram, the 45-degree line shows points where real aggregate expenditure ... (Read 87 times)

iveyjurea

  • Hero Member
  • *****
  • Posts: 555
On the 45-degree line diagram, the 45-degree line shows points where real aggregate expenditure equals
 
  A) nominal GDP. B) unplanned investment.
  C) real GDP. D) planned investment.

Question 2

Long-run macroeconomic equilibrium occurs when aggregate demand ________ short-run aggregate supply and they ________ the long-run supply curve.
 
  A) is greater than; intersect at a point to the left of B) equals; intersect at a point on
  C) equals; intersect at a point to the right of D) is less than; intersect at a point to the right of



mcarey591

  • Sr. Member
  • ****
  • Posts: 365
Answer to Question 1

C

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

For a complete list of videos, visit our video library