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If Total Production (TP)is Less Than Total Expenditures (TE),it Follows

Question 80

Multiple Choice

If total production (TP) is less than total expenditures (TE) ,it follows that

A) optimum inventory levels fall.
B) firms have underproduced.
C) firms increase the quantity of goods they produce.
D) b and c
E) a,b,and c

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