Multiple Choice
If firms sell what they expected to sell,which of the following will be true?
A) Aggregate expenditure will be greater than GDP.
B) There is no unplanned change in inventories.
C) Inventories will rise,and GDP and employment will fall.
D) Aggregate expenditure will be less than GDP.
Correct Answer:
Verified
Correct Answer:
Verified
Q31: If national income increases by $75 million
Q32: At each of the three points in
Q33: National income =<br>A)Consumption + Saving - Taxes<br>B)Consumption
Q34: If disposable income increases by $100 million,and
Q35: Actual investment will equal planned investment only
Q37: An decrease in the price level in
Q38: Actual investment spending does not include<br>A)spending on
Q39: Decreases in the price level will<br>A)lower consumption
Q40: Aggregate expenditure includes consumption spending,unplanned investment spending,government
Q41: If the marginal propensity to save is