In the Simple Keynesian Model, Equilibrium Exists When

question 150

Multiple Choice

In the simple Keynesian model, equilibrium exists when

• A) investment spending equals saving.
• B) quantity supplied equals quantity demanded.
• C) consumption equals investment.
• D) the price accepted by demanders equals the price offered by suppliers.

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Definitions:

Battery Load Test

A test that measures the battery’s ability to produce current by loading it at one-half of its CCA rating for 15 seconds, during which time the battery voltage should not drop below 9.6 volts. Special equipment isrequired. Also called a high-capacity discharge test.

Produce Current

The process of generating an electrical current through various means such as mechanical movement in generators or chemical reactions in batteries.

Parasitic Drain Test

A method used to identify if any electrical component in a vehicle is draining the battery while the vehicle is off.

Acceptable Amperage

The range of current measured in amperes that is considered safe and efficient for a particular electrical circuit or device.