Macroeconomic equilibrium occurs when aggregate expenditure = GDP. aggregate exp

Question

Macroeconomic equilibrium occurs when

aggregate expenditure = GDP.

aggregate expenditure = C+ I + G + net transfers.

aggregate income = planned inventories.

aggregate expenditure = planned inventories.

Question 48

Decreasing government spending ________ the price level and ________ equilibrium real GDP.

decreases; increases

increases; decreases

increases; increases

decreases; decreases

Question 47

When the price of a financial asset ________ its interest rate will ________.

rises; rise

falls; fall

falls; rise

rises; remain the same

aggregate expenditure = GDP.

aggregate expenditure = C+ I + G + net transfers.

aggregate income = planned inventories.

aggregate expenditure = planned inventories.

Question 48

Decreasing government spending ________ the price level and ________ equilibrium real GDP.

decreases; increases

increases; decreases

increases; increases

decreases; decreases

Question 47

When the price of a financial asset ________ its interest rate will ________.

rises; rise

falls; fall

falls; rise

rises; remain the same

Explanation / Answer

The correct answer is option (A). Macroeconomic equilibrium occurs when aggregate expenditure = GDP.

(48)

The correct answer is option (D).

Decreasing government spending decreases the price level and decreases equilibrium real GDP.

(47)

The correct answer is option (A). When the price of a financial asset rises its interest rate will rise.

Related Questions

Navigate

• Browse (All)
• Browse M
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.