When output exceeds spending:

Related MCQs

• A student records her income and spending for past month, she uses the function of money
• The ratio of change in the national income in relation to the change in government spending that causes it is referred to as:
• in order to influence spending on goods and services in the short-run, monetary policy is directed at directly influencing...
• Intermediate goods are not included to calculate the final output because:
• Output means. ……………unless stated otherwise
• Entrepreneurs will have no tendency to expand or contract output and employment when