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

Question 2

Multiple Choice

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) real GDP exceeds aggregate expenditure C) aggregate expenditure is exactly equal to real GDP D) aggregate expenditure exceeds real GDP 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) real GDP exceeds aggregate expenditure
C) aggregate expenditure is exactly equal to real GDP
D) aggregate expenditure exceeds real GDP
E) producers are experiencing an unexpected accumulation of inventory

Correct Answer:

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