Equilibrium expenditure occurs where
A. the aggregate expenditure curve crosses the 45-degree line.
B. planned expenditures exceed national income.
C. savings exceed planned investment.
D. All of the answers are correct.
Answer:A
Equilibrium expenditure occurs where
A. the aggregate expenditure curve crosses the 45-degree line. B. planned expenditures exceed national income. C. savings exceed planned investment. D. All of the answers are correct.