At macroeconomic equilibrium
A)total investment equals total inventories.
B)total spending equals total production.
C)total consumption equals total production.
D)total taxes equal total transfers.
E)total exports equal total imports.

Question

Quizplus · Accepted Answer

At macroeconomic equilibrium, total spending (which includes consumption, investment, government spending, and net exports) equals total production (GDP).

At Macroeconomic Equilibrium