If Planned Aggregate Expenditure in an Economy Can Be Written

question 54

Multiple Choice

If planned aggregate expenditure in an economy can be written as: PAE = 1,000 + 0.5Y,what is the short-run equilibrium level of output in this economy?

• A) 1,000.
• B) 2,000.
• C) 9,000.
• D) 10,000.
• E) 10,900.

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Definitions:

Heterosexuality

A sexual orientation characterized by a romantic or sexual attraction between people of the opposite sex.

Homophobia

A range of negative attitudes and feelings toward homosexuality or people who are identified or perceived as being homosexual.

Ethnocentrism

The belief in the superiority of one's own ethnic group, culture, or nationality, often resulting in prejudice and disregard for other cultures.

Workplace Diversity

The inclusion of a variety of differences among people in an organization, including race, gender, age, culture, and other demographic attributes.