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Exhibit 9-7 -Which of the Following Best Describes the Situation at Point

Question 70

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Exhibit 9-7 Exhibit 9-7   -Which of the following best describes the situation at point B in Exhibit 9-7? A) consumption expenditures exceeds disposable income B) producers are experiencing an unexpected loss in inventory C) aggregate expenditure is exactly equal to real GDP D) real GDP exceeds aggregate expenditure E) producers are experiencing an unexpected accumulation of inventory
-Which of the following best describes the situation at point B in Exhibit 9-7?


A) consumption expenditures exceeds disposable income
B) producers are experiencing an unexpected loss in inventory
C) aggregate expenditure is exactly equal to real GDP
D) real GDP exceeds aggregate expenditure
E) producers are experiencing an unexpected accumulation of inventory

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