We say that the economy as a whole is in macroeconomic equilibrium if A. aggregate expenditure equals GDP.
B. aggregate expenditure equals total production.
C. total spending equals total production.
D. total spending equals GDP.
E. all of the above.

Answers

Answer 1
Answer:

Answer:

The answer is: E.  all of the above

Explanation:

An economy is in macroeconomic equilibrium when the total spending in the economy (aggregate expenditures) equals the gross domestic product.

For example, if aggregate expenditure is lower than the GDP, then inventories will rise (due to unsold goods), leading to a decrease in the GDP and higher unemployment.

On the other hand, when aggregate expenditures are higher than the GDP, then inventories will shrink, leading to an increase in the GDP and lower unemployment.


Related Questions

How are brokers usually paid?
How did the Federal Reserve System hold up during the Great Depression?A. The banks in the FRS coordinated their actions, so the country was able to avoid economic chaos B. The members of the FRS created a central bank to fund and manage government spending, which further hurt the economy C. The FRS did not work well because the 12 regional banks each acted independently D. The FRS revised its monetary policy so that only the President could set the national discount rate, providing relief to banks I am not sure between B and C
• When creating value for a customer, why is product differentiation so important? •
A company with excess capacity must decide between scrapping or reworking units that do not pass inspection. The company has 13,000 defective units that cost $5.40 per unit to manufacture. The units can be a) sold as is for $2.80 each, or b) reworked for $4.60 each and then sold for the full price of $8.20 each. What is the incremental income from selling the units as scrap and reworking and selling the units
A copyright must be registered for a person to have rights to his or her work.TrueOr False

A collective bundle of shares is called what

Answers

......................................................................stock 

How is a line of credit similar to a credit card

Answers

Line of Credit is somehow the same to a credit card.
Line of credit is a credit given by a certain company to you to use in a particular goods or services. For example in the casino, a company will give you a line of credits to use for casino only. Unlike credit card which can be used anywhere as form of payment.

_________________ is the method used to determine the number of units a firm must sell at a specific price to cover all costs.Answer
Fixed-cost pricing
Incremental analysis
Breakeven analysis
Ratio analysis

Answers

The correct answer for the question that is being presented above is this one: "Breakeven analysis."Breakeven analysis is the method used to determine the number of units a firm must sell at a specific price to cover all costs. It also refers to method that is used to determine when your business will be able to cover all its expenses and begin to make a profit. 

the two methods that are typically used when closing agents and lenders calculate items that need to be prorated are the 12-month/360 day method and the

Answers

The two methods that are typically used when closing agents and lenders calculate items that need to be prorated are the 12-month/360 day method and the actual/365 day method.

The 12-month/360 day method assumes each month contains 30 days, regardless of how many days are actually in a month.

This method is generally used for mortgage payments. The actual/365 day method considers the actual number of days in each month and accounts for leap years.

This method is generally used when prorating taxes, insurance, or rent.

To know more about mortgage payment, refer here:

brainly.com/question/29440594#

#SPJ11

The basic requirements for industry's growth are capital, natural resources, and workers. a. True
b. False

Answers

This statement is True.
The basic requirements for industry's growth are the following:
- First the capital to be able to start the business
- Second the natural resources, what are the natural resources that might help them start their indutry?
And last is the workers to work.

Cafe Italiano pays $70,000 for the trademark rights to a line of specialty sandwiches. After several years, sales for this line of specialty sandwiches are disappointing, and management estimates the total future cash flows from sales will be only $40,000. The estimated fair value of the trademark is now $20,000. What is the amount of the impairment loss

Answers

Answer:

the amount of the impairment loss is $50,000

Explanation:

The computation of the amount of the impairment loss is shown below:

Impairment loss = Purchase price of trade marks - Estimated fair value

= $70,000 - $20,000

= $50,000

Hence, the amount of the impairment loss is $50,000

The same should be considered and relevant