Home › Bihar Board Class 12 (Arts) › Economics › Determination of Income and Employment › When does ex ante supply of final goods equal ex…
When does ex ante supply of final goods equal ex ante demand?
AAt equilibrium only
BIn every accounting year
CWhenever prices fall
DWhenever stocks pile up
Answer & Solution
Correct answer: A. At equilibrium only
Planned supply equals planned demand only at equilibrium, unlike the ex post accounting identity that always holds.
Related questions
With a government, which term simply adds to the autonomous part of demand?How does government spending G affect aggregate demand?With A = 50, MPS = 0.2 and Y = 4000 crore, what is ex ante aggregate demand?Equilibrium output also fixes which variable, given other factors of production?The effective demand principle assumes aggregate supply is what at the fixed price?Under the effective demand principle, what determines aggregate output?Excess demand in the economy leads to what in the long run?What does deficient demand lead to in the long run?