Which of the Following Is True at the Equilibrium Level

question 129

Multiple Choice

Which of the following is true at the equilibrium level of income?

• A) Unplanned inventory changes are positive.
• B) Firms are unable to produce the desired rate of output.
• C) Autonomous consumption spending is equal to induced consumption spending.
• D) Aggregate expenditures equal real GDP.
• E) Unplanned investment spending is positive.

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Definitions:

Weekly Schedule

A plan or timetable that outlines activities, tasks, or events that will occur or be performed over the course of a week.

Seven-Day Week

A timekeeping system used worldwide that divides the calendar into seven-day cycles, starting from Sunday or Monday.

Schedule View

A calendar-based perspective or layout in software applications that displays tasks, events, or timelines according to their time-related attributes.

Meeting Request

A digital invitation sent through email or calendar applications, proposing a specific time and place for a meeting and often allowing recipients to accept or decline.