How are aggregate output and the real interest rate determined in competitive egulibrum? OA The aggregate ouput can be found by multiplying curent employment by current real wage at the intesection of the current labour spply and demand curves, given the raal inderest rate and subtracting the level of investment in the economy OB. Cument aggregate oulpul and the real interest rate are determined by the intersection of the outpiut supply and demand ourves OC. Curent aggregate output can be found by finding current omployment htrom the internection.of the curent labour supply and domand ourves gven the real irterest rate and accounting tor lutal tactor productivity OD. The real interest rate is determined by the slope of the output supply ourve at a given level of aggregato output

How are aggregate output and the real interest rate determined in competitive egulibrum? OA The aggregate ouput can be found by multiplying curent employment by current real wage at the intesection of the current labour spply and demand curves, given the raal inderest rate and subtracting the level of investment in the economy OB. Cument aggregate oulpul and the real interest rate are determined by the intersection of the outpiut supply and demand ourves OC. Curent aggregate output can be found by finding current omployment htrom the internection.of the curent labour supply and domand ourves gven the real irterest rate and accounting tor lutal tactor productivity OD. The real interest rate is determined by the slope of the output supply ourve at a given level of aggregato output

Economics (MindTap Course List)

13th Edition

ISBN:9781337617383

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter9: Classical Macroeconomics And The Self Regulating Economy

Section9.3: The Self Regulating Economy

Problem 2ST

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Question

Economics
How are aggregate output and the real interest rate determined in compettive egulbum?
OA The aggregate oulput can be found by multiplying current employment by current real wage at the intesection of the current labour supply and demand curves, given the raal inderest rate. and ssubtracting the
level of investment in the economy
OB. Cument aggregata output and the real interest rate are determined by the intersection of the output supoly and demand ouves
OC. Cunent aggregate output can be found by finding current employment from the intersection of the current labour supply and domand ourves given the real interest rate and aocounting tor total tactor
productivity
OD. The real interest rate is determined by the slope of the output supply curve at a given level of aggregate output

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