When aggregate planned expenditure exceeds real GDP, there is
A) an unplanned decrease in inventories.
B) a planned decrease in inventories.
C) an unplanned decrease in the price level.
D) a planned increase in inventories.
E) an unplanned increase in inventories.
Correct Answer:
Verified
Q1: As disposable income --------------------planned consumption expenditure
--------------------
A)decreases; remains
Q3: In Germany, expected future income increased during
Q4: If the price level increases, the AE
Q5: The expenditure multiplier equals 5 and there
Q6: When the real interest rate falls, the
Q7: Equilibrium expenditure is the level of expenditure
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