This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: In the simple Keynesian aggregate expenditure model, the equilibrium level of disposable income is ... (Read 64 times)

elizabeth18

  • Hero Member
  • *****
  • Posts: 559
on: Jun 30, 2018
In the simple Keynesian aggregate expenditure model, the equilibrium level of disposable income is achieved when:
 a. the employment rate is equal to the labor force participation rate.
  b. saving equals investment.
 c. aggregate expenditures exceed output.
 d. aggregate expenditures are equal to real disposable income.

Question 2

Though many assets can be used as a store of value, money is a particularly attractive method to store value because:
 a. it increases in value as prices rise.
  b. its purchasing power does not decline when prices rise.
  c. it is the most liquid of all assets.
  d. it is backed by gold.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jrpg123456

  • Sr. Member
  • ****
  • Posts: 317
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

c


elizabeth18

  • Hero Member
  • *****
  • Posts: 559
Reply #2 on: Jun 30, 2018
Correct answers!


jrpg123456

  • Sr. Member
  • ****
  • Posts: 317
Reply #3 on: Jun 30, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

Noll's DNase-I digestion experiment, which verified the beads-on-a-string model of DNA compacti Noll's DNase-I digestion experiment, which verified the beads-on-a-string model of DNA compacti
Income of Adult Children Compared With That of Their Parents Income of Adult Children Compared With That of Their Parents
The Meselson–Radding model for homologous recombination The Meselson–Radding model for homologous recombination
The developed countries must reduce the level of greenhouse gas emissions The developed countries must reduce the level of greenhouse gas emissions
Kinesthesis and Equilibrium with skating Kinesthesis and Equilibrium with skating
Video: Studying the Left and Right Brain Independently

For a complete list of videos, visit our video library