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    Macroeconomics Study Set 12
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    Exam 9: Aggregate Expenditure and Output in the Short Run
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    If Real GDP Is Less Than Planned Aggregate Expenditure, There
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If Real GDP Is Less Than Planned Aggregate Expenditure, There

Question 138

Question 138

True/False

If real GDP is less than planned aggregate expenditure, there will be an unplanned decline in inventories, ultimately leading to a movement up along the aggregate expenditure line.

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