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Data on Output and Planned Aggregate Expenditure in Macroland Are

question 30

Multiple Choice

Data on output and planned aggregate expenditure in Macroland are given below: Data on output and planned aggregate expenditure in Macroland are given below:   Based on these data,the short-run equilibrium level of output is _________ and the income-expenditure multiplier equals ________. A)  3,000;1.0 B)  5,000;1.2 C)  5,000;1.5 D)  5,000;2.0 E)  6,000;5.0
Based on these data,the short-run equilibrium level of output is _________ and the income-expenditure multiplier equals ________.


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