Which of the Following Occurs When the Goods Market Is

question 6

Multiple Choice

Which of the following occurs when the goods market is in equilibrium?

• A) Domestic output equals the domestic demand for goods.
• B) Domestic output equals the demand for domestic goods.
• C) Demand for domestic goods equals the domestic demand for goods.
• D) Domestic output equals the domestic demand for foreign goods.
• E) Net exports equals zero.

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Definitions:

Depreciation Method

A systematic approach to allocating the cost of a tangible asset over its useful life.