The 45° Line in the Keynesian Cross Model Shows

question 65

Multiple Choice

The 45° line in the Keynesian Cross model shows:

• A) the points where planned expenditure is lesser than the national output.
• B) the points of intersection between aggregate demand and aggregate supply.
• C) the points at which planned expenditure is equal to ?rms' actual output.
• D) the points where planned expenditure is greater than the national output.

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Definitions:

Abraham Lincoln

The 16th President of the United States, known for leading the country during the Civil War and abolishing slavery.

Organization Development

A set of techniques or tools used to implement organizational change.

Leadership Pyramid

A conceptual model illustrating the various levels of leadership within an organization, from front-line supervisors to top executives.

Empirically Tested

Subjected to systematic and objective validation or verification through observation or experiment.