If planned aggregate expenditure equals GDP, the economy is in ...

[nelaaney]

If planned aggregate expenditure equals GDP, the economy is in macroeconomic equilibrium.
 
  Indicate whether the statement is true or false

Question 2

Refer to Figure 26-15. In the figure above, suppose the economy in Year 1 is at point A and is expected in Year 2 to be at point B. Which of the following policies could the Federal Reserve use to move the economy to point C?
 
  A) sell Treasury bills B) decrease the required-reserve ratio
  C) buy Treasury bills D) decrease income taxes

[iman]

Answer to Question 1

TRUE

Answer to Question 2

A

[nelaaney]

Thanks for the timely response, appreciate it

[pangili4]

Gracias!