Multiple Choice
Figure 23-1
-Refer to Figure 23-1. At point L in the figure above, which of the following is true?
A) Aggregate expenditure is greater than GDP.
B) The economy has achieved macroeconomic equilibrium.
C) Actual inventories are greater than planned inventories.
D) GDP will be increasing.
Correct Answer:

Verified
Correct Answer:
Verified
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