Author Question: In the income-expenditure model, the 45-degree line A) shows total expenditures at various price ... (Read 62 times)

bcretired · **on:** Jun 30, 2018

In the income-expenditure model, the 45-degree line

A) shows total expenditures at various price levels.
B) marks all equilibrium output levels.
C) is also called the planned expenditures line.
D) is the locus of all the points for which output equals expenditures.

Question 2

Systemically important financial institutions are:

A) banks that are owned and run by the government.
B) large banks that have become a large market power.
C) all banks whose value of liabilities exceeds its value of assets.
D) all banks whose value of assets exceeds its value of liabilities.