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Author Question: In the simple Keynesian aggregate expenditure model, the equilibrium level of disposable income is ... (Read 92 times)

elizabeth18

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on: Jun 30, 2018
In the simple Keynesian aggregate expenditure model, the equilibrium level of disposable income is achieved when:
 a. the employment rate is equal to the labor force participation rate.
  b. saving equals investment.
 c. aggregate expenditures exceed output.
 d. aggregate expenditures are equal to real disposable income.

Question 2

Though many assets can be used as a store of value, money is a particularly attractive method to store value because:
 a. it increases in value as prices rise.
  b. its purchasing power does not decline when prices rise.
  c. it is the most liquid of all assets.
  d. it is backed by gold.


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jrpg123456

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Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

c


elizabeth18

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Reply #2 on: Jun 30, 2018
Correct answers!


jrpg123456

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Reply #3 on: Jun 30, 2018
Great! Please up vote :D


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