-Use Table 10

question 65

Multiple Choice

-Use Table 10.3,which shows the relationship between consumption and income.Assume the price level is constant.If the economy were at a full-employment income of $200 billion per year in Table 10.3,then desired

• A)Spending would exceed output.
• B)Spending would equal output.
• C)Saving would exceed desired investment.
• D)Saving would equal desired investment.

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Definitions:

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A strong feeling of aversion or opposition towards something or someone.

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A chronic autoimmune disease affecting the central nervous system, characterized by the damage of the myelin sheath covering nerve fibers, leading to a wide range of neurological symptoms.