If the Equation for Planned Aggregate Expenditure Is Given by PAE

question 46

Multiple Choice

If the equation for planned aggregate expenditure is given by PAE = 5,000 + 0.9Y and potential output is equal to 55,000,then there is a(n) ________ gap equal to ________ units,so if net exports ________ by ________,the economy will return to potential output.

• A) expansionary;5,000;decrease;500
• B) expansionary;500;decrease;50
• C) expansionary;10,000;increase;1,000
• D) recessionary;5,000;increase;500
• E) recessionary;500;increase;50

Understand the relationship between voltage, current, and capacitive reactance in a circuit.

Recognize the phase relationship between voltage and current in capacitive circuits.

Learn the basics of quality factor determination in capacitor circuits.

Grasp the behavior of capacitors in AC and DC circuits.

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Definitions:

Demand

The quantity of a product or service that consumers are willing and able to purchase at a given price.

Profit

The financial gain made in a transaction or business operation, calculated as the difference between revenue and costs.

Positive Profits

When a company's total revenue exceeds its total costs, resulting in a financial gain.

Demand

The quantity of a good or service that consumers are willing and able to purchase at various prices during a specified time period.