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

Author Question: In the Keynesian aggregate expenditure model, the 45-degree line indicates: a. amounts households ... (Read 112 times)

Yolanda

  • Hero Member
  • *****
  • Posts: 757
In the Keynesian aggregate expenditure model, the 45-degree line indicates:
 a. amounts households plan to spend at each possible level of income.
  b. amounts households plan to save at each possible level of income.
  c. all income levels at which the planned spending of decision makers equals total output.
  d. all income levels at which the marginal propensity to consume is one.

Question 2

The term public sector refers only to federal government purchases of goods and services.
 a. True
  b. False
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Leostella20

  • Sr. Member
  • ****
  • Posts: 337
Answer to Question 1

c

Answer to Question 2

False




Yolanda

  • Member
  • Posts: 757
Reply 2 on: Jun 30, 2018
Gracias!


parshano

  • Member
  • Posts: 333
Reply 3 on: Yesterday
Excellent

 

Did you know?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

Did you know?

It is widely believed that giving a daily oral dose of aspirin to heart attack patients improves their chances of survival because the aspirin blocks the formation of new blood clots.

For a complete list of videos, visit our video library