Macroeconomic Equilibrium Occurs When

question 218

Multiple Choice

Macroeconomic equilibrium occurs when

• A)aggregate expenditure = GDP.
• B)aggregate expenditure = C+ I + G + net transfers.
• C)aggregate income = planned inventories.
• D)aggregate expenditure = planned inventories.

---

Definitions:

Atlanta Compromise

A speech delivered by Booker T. Washington in 1895 advocating for African American economic progress and education as a route to racial equality, while suggesting a temporary acceptance of segregation.

Gunnar Myrdal

A Swedish economist and sociologist known for his influential study on race relations in the United States, titled "An American Dilemma" (1944).

Segregation

The action or state of setting someone or something apart from others, often based on racial, sexual, or religious discrimination.

Harassment

Unwanted and unwelcoming behavior that includes bullying, discrimination, and sexual harassment, creating a hostile environment for the victim.