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When Total Production Is Greater Than Total Expenditures,__________ Is Produced

Question 127

Multiple Choice

When total production is greater than total expenditures,__________ is produced than households want to buy,which leads to __________ in inventory,which signals firms that they have __________,which causes firms to cut back production.


A) less; decreases; underproduced
B) less; increases; overproduced
C) more; decreases; underproduced
D) more; increases; overproduced

Correct Answer:

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