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Question
Along the 45-degree reference line,
A) total planned real expenditures = real GDP.
B) total planned real expenditures = planned nominal expenditures.
C) total planned nominal expenditures = consumption.
D) total planned investment spending = planned real expenditures.
Answer
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Related questions
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Q:
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Q:
Which of the following statements is FALSE?
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The United Statesʹ balance of payments is likely to improve whenA) there is an increase in political instability in other countries.B) the inflation rate in the United States rises relative to other countries.C) the American government increases its spending on foreign aid. D) American people want to invest more in foreign countries.