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If an Unintended Increase in Business Inventories Occurs at Some

Question 103

Multiple Choice

If an unintended increase in business inventories occurs at some level of GDP, then GDP


A) entails a rate of aggregate expenditures in excess of the rate of aggregate production.
B) may be either above or below the equilibrium output.
C) is too low for equilibrium.
D) is too high for equilibrium.

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