Which of These Is True of Macroeconomic Equilibrium in the Simple

question 265

Multiple Choice

Which of these is true of macroeconomic equilibrium in the simple Keynesian model?

• A) AE = Y
• B) Y = C - S
• C) AE + C = I
• D) I = S + C

---

Definitions:

Victims

Individuals who suffer harm, injury, or loss as a result of a crime, accident, or other event or action.

Underground Economy

Economic activities that are not reported to the government and therefore not taxed or included in official economic statistics, often involving cash transactions.

Sociologists

Scientists who study society and social behavior by examining the groups, cultures, organizations, social institutions, and processes that develop when people interact and work together.

Sudhir Venkatesh

An Indian American sociologist known for his ethnographic work on urban poverty, gangs, and housing projects in Chicago.