Multiple Choice
Which of the following statements is true?
A) When TP = TE (total production = total expenditures) ,the economy is necessarily producing Natural Real GDP.
B) When TP is greater than TE,inventory levels unexpectedly fall.
C) When TE is greater than TP,inventory levels unexpectedly rise.
D) b and c
E) none of the above
Correct Answer:
Verified
Correct Answer:
Verified
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