In the Keynesian Cross Model, the Equilibrium National Output Is

question 20

Multiple Choice

In the Keynesian Cross model, the equilibrium national output is determined at the point where:

• A) autonomous consumption is equal to investment.
• B) the 45° line intersects the aggregate demand line.
• C) the planned expenditure line is horizontal.
• D) the aggregate demand line intersects the aggregate supply curve.

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Definitions:

Cash Budget

A forecast of cash inflows and outflows over a specified period, used for cash flow management.

Budgeted Disbursements

Projected cash outflows or expenditures planned by a business for a specific period, used in cash flow management.

Desired Balance

The target balance that an individual or organization aims to achieve in their financial account or budget.

Budgeted Receipts

The anticipated revenues or income expected to be received within a specified budget period.