In a private closed economy, the equilibrium condition for the economy is: Which

Question

In a private closed economy, the equilibrium condition for the economy is: Which event would most likely decrease an economy's expoft? A decline in the tariff on products imported from abroad An increase the prosperity of tracting partners for this economy An approprication of the currency relative to foreign currencies A depreciation of the nation's currency relative to foreign currencies A Movement upward along a given aggregate demand curve is equivalent to increase in aggregate supply increase in aggregate demand Upward shift in the aggregate expenditure schedule Downward shift in the aggregate expenditures schedule If at a particular price level, real output from producers is greater than real output desired by purchsser, then there will be greater

Explanation / Answer

14. It is actually when aggregate expenditure equals GDP. Also, when planned investment equals savings. Therefore, the correct option is the first option

Related Questions

Navigate

• Browse (All)
• Browse I
• Subjects

---

---

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