-Based on the Keynesian Cross Diagram Above,at Short-Run Equilibrium Output,autonomous

question 125

Multiple Choice

-Based on the Keynesian cross diagram above,at short-run equilibrium output,autonomous planned aggregate expenditure equals _________ and induced planned aggregate expenditure equals ________.

• A) 500;4,500
• B) 500;5,000
• C) 500;5,900
• D) 5,450;5,500
• E) 5,900;6,000

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Definitions:

Legal

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A recreational outdoor activity which uses an inflatable raft to navigate a river or other body of water with various degrees of rough water.

Surplus

An excess of production or supply over demand, often leading to a decrease in prices.

Unit Cost

The cost incurred by a company to produce, store, and sell one unit of a particular product or service.