Multiple Choice
If actual aggregate expenditure equals aggregate planned expenditure, then
A) there is never any change in firms' inventories.
B) unplanned inventory changes are positive.
C) firms obtain the desired change in their inventories.
D) unplanned inventory changes are negative.
E) actual aggregate expenditure might be greater than, equal to, or less than real GDP.
Correct Answer:
Verified
Correct Answer:
Verified
Q130: When disposable income increases,<br>A) the consumption function
Q131: Compare and contrast Say's views of the
Q132: Suppose an economy has no income taxes
Q133: When disposable income increases from $9 trillion
Q134: Using the aggregate expenditure model, the equilibrium
Q136: In Germany, expected future income increased during
Q137: <span class="ql-formula" data-value="\begin{array} { c c c
Q138: Explain why the expenditure multiplier is greater
Q139: If a country has an expenditure multiplier
Q140: If autonomous spending decreases, then<br>A) equilibrium expenditure