Multiple Choice
In the aggregate expenditure model, when real GDP is greater than aggregate planned expenditure
A) unplanned inventories are being accumulated.
B) inventories are being depleted.
C) inventories are not being changed.
D) this cannot happen, because the two variables are always equal.
Correct Answer:

Verified
Correct Answer:
Verified
Q46: Discuss how the marginal propensity to consume,
Q47: The larger the slope of the AE
Q48: Which of the following is TRUE?<br>A) MPS
Q49: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -If aggregate planned
Q50: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -In the above
Q52: When the consumption function becomes steeper,<br>A) less
Q53: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -According to the
Q54: Suppose disposable income increases from $5 trillion
Q55: When autonomous expenditure increases, equilibrium aggregate expenditure<br>A)
Q56: The components of aggregate expenditure include<br>I. imports.<br>II.