This topic contains a solution. Click here to go to the answer

Author Question: The level of GDP at which planned expenditure equals the amount of output produced is the A) ... (Read 87 times)

charchew

  • Hero Member
  • *****
  • Posts: 579
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.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mistyjohnson

  • Sr. Member
  • ****
  • Posts: 331
Answer to Question 1

A

Answer to Question 2

A





 

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

Did you know?

Eating food that has been cooked with poppy seeds may cause you to fail a drug screening test, because the seeds contain enough opiate alkaloids to register as a positive.

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

For a complete list of videos, visit our video library