The Figure Given Below Shows the Aggregate Expenditure Curve of an Open

question 32

Multiple Choice

The figure given below shows the aggregate expenditure curve of an open economy.?Figure 10.1??In the figure:?C₁: Consumption?I1: Investment?G1: Government spending?X1: Net Exports

-Consider the economy described in Figure 10.1. Which of the following is true if the real GDP is equal to 0H?

• A) Aggregate expenditures are greater than total income, when the real GDP is equal to OH.
• B) All economic resources are being used efficiently, when the real GDP is equal to OH.
• C) Households are dissaving an amount equal to DC, when the real GDP is equal to OH.
• D) Businesses accumulate unwanted inventories, when the real GDP is equal to OH.
• E) Unplanned investment decline, when the real GDP is equal to OH.

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Definitions:

Minor Calyx

A structure in the kidneys that collects urine from the nephrons and passes it into the major calyx.

Renal Pyramids

Cone-shaped tissues of the kidney that are involved in urine transport.

Renal Columns

Extensions of the renal cortex located between the renal pyramids in the kidney, which contain blood vessels and cortical tissue.

Urethra

The tube that conducts urine from the bladder to the outside of the body in both sexes, and semen in males.