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 48 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?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

Relatively simple changes in Hox genes control limb formation in tetrapods. Relatively simple changes in Hox genes control limb formation in tetrapods.
Model Organism Drosophila Model Organism Drosophila
simple squamous alveoli simple squamous alveoli
Reaction 7: The First Substrate-Level Phosphorylation Reaction 7: The First Substrate-Level Phosphorylation
James Watson and Francis Crick’s metal-and wire model of DNA James Watson and Francis Crick’s metal-and wire model of DNA
The Hardy–Weinberg Equilibrium The Hardy–Weinberg Equilibrium
Video: Elementary kinetics

For a complete list of videos, visit our video library