Author Question: What is the relationship between aggregate planned expenditure and real GDP at equilibrium ... (Read 111 times)

bobbie

  • Hero Member
  • *****
  • Posts: 592
What is the relationship between aggregate planned expenditure and real GDP at equilibrium expenditure?
 
  What will be an ideal response?

Question 2

An increase in quantity supplied is represented by a rightward shift of the supply curve.
 
  Indicate whether the statement is true or false


IRincones

  • Sr. Member
  • ****
  • Posts: 321
Answer to Question 1

Equilibrium expenditure occurs when aggregate planned expenditure equals real GDP.

Answer to Question 2

FALSE



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Did you know?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

For a complete list of videos, visit our video library