-Use Table 10.3,which shows the relationship between consumption and income.Assume the price level is constant.If the economy were at a full-employment income of $200 billion per year in Table 10.3,then desired
A)Spending would exceed output.
B)Spending would equal output.
C)Saving would exceed desired investment.
D)Saving would equal desired investment.

Question

-Use Table 10.3,which shows the relationship between consumption and income.Assume the price level is constant.If the economy were at a full-employment income of $200 billion per year in Table 10.3,then desired
A)Spending would exceed output. 
B)Spending would equal output. 
C)Saving would exceed desired investment. 
D)Saving would equal desired investment.

Quizplus · Accepted Answer

The Answer of 
-Use Table 10.3,which shows the relationship between consumption and income.Assume the price level is constant.If the economy were at a full-employment income of $200 billion per year in Table 10.3,then desired
A)Spending would exceed output. 
B)Spending would equal output. 
C)Saving would exceed desired investment. 
D)Saving would equal desired investment.