question archive Prior to the 1970s, the model of choice was the aggregate expenditures model
Prior to the 1970s, the model of choice was the aggregate expenditures model
Subject:EconomicsPrice: Bought3
Prior to the 1970s, the model of choice was the aggregate expenditures model. According to this model, if the economy was in equilibrium at an income greater than the full employment level, then the primary economic problem would be?
Select one: a. excessive bank lending. b. potential crises in nancial markets. c. ination. d. excess aggregate demand
