Multiple Choice
If aggregate planned expenditures equal real GDP, then
A) inventories increase above their planned levels and businesses decrease their production.
B) inventories decrease below their planned levels and businesses increase their production.
C) there is no equilibrium level of real GDP.
D) inventories decrease below their planned levels and businesses decrease their production.
E) unplanned inventory changes equal zero.
Correct Answer:

Verified
Correct Answer:
Verified
Q242: <span class="ql-formula" data-value="\begin{array} { c c }
Q243: Real GDP is $5 trillion and aggregate
Q244: As the economy turns the corner into
Q245: What is the key difference between the
Q246: Which of the following increases the size
Q248: Briefly describe how imports and taxes affect
Q249: The aggregate expenditure model predicts a business
Q250: <span class="ql-formula" data-value="\begin{array} { c c }
Q251: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1454/.jpg" alt=" -The figure above
Q252: The _ the marginal propensity to import,