In a macroeconomic model without foreign trade or a government aggregate demand is the sum of ?

Related Mcqs:

Nominal GNP measures income ?

A. At the present time B. corrected for tax changes C. corrected for changes in interest rates D. At current prices...

Higher export demand __________ output and a higher MPZ __________ output?

A. reduces, reduces B. reduces, increase C. increase, reduces D. increases, increases...

The diagram that shows the income received and payments made by each sector of the economy is the ?

A. income-expenditures diagram B. aggregate demand-aggregate supply diagram C. circular flow diagram D. income-price diagram...

Short-run equilibrium output means that aggregate demand __________ actual output?

A. is less than B. equals C. is greater than D. fluctuates around...

The multiplier is calculated as___________?

A. 1(1-MPC) B. 1/MPS C. 1/MPC D. a or b...