Exhibit 10-6 -Refer to Exhibit 10-6.If Total Production (TP)is Greater Than Total

Multiple Choice

Exhibit 10-6

-Refer to Exhibit 10-6.If total production (TP) is greater than total expenditures (TE) ,the economy is currently producing a level of Real GDP that is

A) equal to or lower than Q₃.
B) equal to or greater than Q₃.
C) less than Q₂.
D) between Q₂ and Q₁.
E) greater than Q₃.