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    Macroeconomics Study Set 40
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    Exam 11: Expenditure Multipliers: They Keynesian Model
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    In the Above Figure, If the Level of Real GDP
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In the Above Figure, If the Level of Real GDP

Question 462

Question 462

Multiple Choice

In the above figure, if the level of real GDP is $11 trillion,


A) inventories are below the levels planned by firms.
B) inventories are equal to the levels planned by firms.
C) inventories are above the levels planned by firms.
D) planned expenditures are zero.

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