If planned expenditures equal $2000 when GDP is $2200, then
A) actual investment will exceed planned investment.
B) the economy must have a trade surplus to sell the excess goods and services.
C) there will be excess demand for most goods.
D) inventories will decrease by $200.
Correct Answer:
Verified
Q195: If aggregate planned expenditure exceeds GDP,
A) actual
Q196: If real GDP is $2 billion and
Q197: When inventories fall below their target levels,
Q198: Which of the following statements is correct?
A)
Q199: Inventories are part of
A) consumption expenditure.
B) investment.
C)
Q201: If aggregate planned expenditures are less than
Q202: If aggregate planned expenditures are less than
Q203: At equilibrium expenditure
A) consumers' expenditures on goods
Q204: In the aggregate expenditure model, when real
Q205: Equilibrium expenditure is defined as the level
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