At the Equilibrium Level of Income, Which of the Following

question 59

Multiple Choice

At the equilibrium level of income, which of the following is true?

• A)Unplanned inventory changes are positive
• B)Firms are unable to produce the desired rate of output
• C)Autonomous consumption spending is equal to induced consumption spending
• D)Aggregate expenditures equal real GDP
• E)Unplanned investment spending is positive

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Definitions:

Cross-functional Teams

Groups composed of members from different functional areas of an organization, working together towards a common goal.

Virtual Teams

Groups of individuals who work together from different geographical locations, connected by electronic communication technologies.

Miscommunication

Occurs when the message received is different from what was intended, leading to misunderstandings and complications in interactions.

Superordinate Goals

are objectives shared by individuals or groups that can only be achieved by cooperating and working together.