Multiple Choice
When real GDP exceeds aggregate planned expenditure
A) actual inventories decrease below their target.
B) the circular flow will increase.
C) GDP will decrease.
D) a higher level of equilibrium income will prevail.
Correct Answer:

Verified
Correct Answer:
Verified
Q111: What is the relationship between U.S. real
Q112: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -Based upon the
Q113: If there are no taxes or imports
Q114: An increase in investment spending results in
Q115: The marginal propensity to import is the
Q117: The slope of the consumption function is<br>A)
Q118: Autonomous consumption is that portion of consumption
Q119: The value of the marginal propensity to
Q120: The graph of the consumption function has
Q121: When aggregate planned expenditure is greater than