Observe the graph between Total expenditure and National income.Choose among the following which choice is TRUE for point E that Effective Demand?National income and national output are not relatedNational income is less to the national outputNational income is equal to the national outputNational income is greater than the national output

In the given graph, AD and AE explains the national income and total expenditure of a country.

Oesenve the graph betenen Tetal ependiture and National income Ohoce among the oing nhich choicea TRUE or pont Ethet Eective Demand Natona ncome and national output are not elated National incomeless tional out ational outpu Natonal Nationa tional output

Oesenve the graph betenen Tetal ependiture and National income Ohoce among the oing nhich choicea TRUE or pont Ethet Eective Demand Natona ncome and national output are not elated National incomeless tional out ational outpu Natonal Nationa tional output

Economics For Today

10th Edition

ISBN:9781337613040

Author:Tucker

Publisher:Tucker

Chapter15: Gross Domestic Product

Section: Chapter Questions

Problem 7SQP

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Question

Observe the graph between Total expenditure and National income.
Choose among the following which choice is TRUE for point E that Effective Demand?
National income and national output are not related
National income is less to the national output
National income is equal to the national output
National income is greater than the national output

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