Solved

Figure 9-1 ​

Question 110

Multiple Choice

Figure 9-1
​ Figure 9-1 ​ -In Figure 9-1, at $3,000 billion real GDP, A) spending exceeds total output and inventories will fall. B) inventories are constant. C) aggregate demand equals aggregate supply. D) spending falls short of output and inventories will rise.
-In Figure 9-1, at $3,000 billion real GDP,


A) spending exceeds total output and inventories will fall.
B) inventories are constant.
C) aggregate demand equals aggregate supply.
D) spending falls short of output and inventories will rise.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q105: If the economy automatically tends toward full

Q106: Figure 9-3<br>​ <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8592/.jpg" alt="Figure 9-3 ​

Q107: What is meant by the concept of

Q108: Assume a simple macroeconomic model.When inventories rise

Q109: Recessions and depressions are the principal examples

Q111: Describe the role of business inventory change

Q112: A decrease in autonomous consumption would have

Q113: High unemployment and high rates of inflation

Q114: Figure 9-1<br>​ <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8592/.jpg" alt="Figure 9-1 ​

Q115: Figure 9-1<br>​ <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8592/.jpg" alt="Figure 9-1 ​