Macroeconomic Equilibrium Occurs When

question 310

Multiple Choice

Macroeconomic equilibrium occurs when

• A)aggregate expenditure = GDP.
• B)aggregate expenditure = C+ I + G + net transfers.
• C)aggregate income = planned inventories.
• D)aggregate expenditure = planned inventories.
• E)exports = imports.

---

Definitions:

Early Behaviorists

Psychologists in the early 20th century who focused on studying observable behaviors and avoiding discussions of mental processes.

Biologically Determined

Traits or aspects of an individual that are genetically inherited rather than learned or developed through interaction with the environment.

Culturally Influenced

Shaped or affected by the customs, traditions, and social behaviors of a particular society or community.

Nature and Nurture

The debate and study of the relative influences of genetic inheritance (nature) and environmental factors (nurture) on human development.