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Author Question: The level of GDP at which planned expenditure equals the amount of output produced is the A) ... (Read 106 times)

charchew

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The level of GDP at which planned expenditure equals the amount of output produced is the
 
  A) equilibrium output. B) potential output.
  C) long-run output. D) autonomous output.

Question 2

Macroeconomics
 
  A) studies the behavior of the economy as a whole.
  B) involves the interaction between different countries in specific markets.
  C) studies the behavior of individual consumers, firms and markets.
  D) studies how computer automation has changed economics.



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mistyjohnson

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Answer to Question 1

A

Answer to Question 2

A





 

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