Multiple Choice
If economists forecast an increase in aggregate expenditure,which of the following is likely to occur?
A) GDP will rise.
B) GDP will fall.
C) Wages will fall.
D) Inventories will rise.
Correct Answer:

Verified
Correct Answer:
Verified
Q91: Consumption spending is $5 million,planned investment spending
Q193: If the consumption function is defined as
Q195: Planned aggregate expenditure is equal to<br>A)consumption spending
Q196: The recession of 2007-2009 resulted in falling
Q197: Actual investment spending includes spending by consumers
Q199: Figure 12-2 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1236/.jpg" alt="Figure 12-2
Q200: _ describes the relationship between consumption spending
Q201: The passage of the _ in 1930
Q202: _ spending follows a smooth trend whereas,_
Q203: Which of the following will decrease aggregate