Multiple Choice
Assume that inventories declined by more than analysts predicted.This implies that
A) planned aggregate expenditure was greater than real GDP.
B) planned aggregate expenditure was equal to real GDP.
C) planned aggregate expenditure was less than real GDP.
D) planned aggregate expenditure is unrelated to real GDP.
E) planned aggregate expenditure is likely to increase.
Correct Answer:
Verified
Correct Answer:
Verified
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