According to the Keynesian Aggregate Expenditures Model, Equilibrium and Full

question 41

Multiple Choice

According to the Keynesian aggregate expenditures model, equilibrium and full employment:

• A) always occur at the same income level of real GDP.
• B) may differ, but there is an automatic mechanism that directs the economy toward full-employment equilibrium.
• C) could never occur at the same level of real GDP.
• D) do not necessarily occur at the same level of real GDP.

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