The Figure Shows Planned Aggregate Expenditure and Output for an Economy

question 72

Multiple Choice

The figure shows planned aggregate expenditure and output for an economy. The Keynesian equilibrium occurs at what output level?

• A) Y ₁
• B) Y ₂
• C) Y ₃
• D) It does not occur at any output level in this graph.

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Definitions:

Segregation Of Duties

An internal control measure designed to reduce the risk of error or fraud by dividing responsibilities among different people or departments.

Assignment Of Responsibility

The allocation of duties or tasks to individuals or teams within an organization to ensure accountability and efficiency.

Review And Reconciliation

The process of comparing two sets of records to ensure figures are accurate and in agreement, used to detect inconsistencies or errors in financial documents.