If National Income Is Above Its Equilibrium Level, Then

Multiple Choice

If national income is above its equilibrium level, then:

A) there are unplanned reductions in inventories and national income will fall.
B) there are unplanned reductions in inventories and national income will rise.
C) there are unplanned increases in inventories and national income will rise.
D) there are unplanned increases in inventories and national income will fall.