When Aggregate Expenditure = GDP

question 127

Multiple Choice

When aggregate expenditure = GDP

• A)macroeconomic equilibrium occurs.
• B)the federal budget is balanced.
• C)net exports equal zero.
• D)saving equals zero.

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Definitions:

Diagnosis

In the realm of medicine and abnormal psychology, a determination or identification of the nature of a person’s disease or condition, or a statement of that finding. A diagnosis is made on the basis of a diagnostic system.

Development Taken

Refers to the process and progress made in a particular area, project, or aspect.

Aerobic Exercise

Physical activity that improves cardiovascular health by increasing the heart rate and maximizing the amount of oxygen in the blood.

Central Mechanisms

Refers to the fundamental processes or systems in the central nervous system that underlie functions such as perception, movement, and thought.