In the aggregate expenditure model, when real GDP is greater than aggregate planned expenditure,
A) inventories are not being changed.
B) unplanned inventories are being accumulated.
C) this cannot happen, because the two variables are always equal.
D) inventories are being depleted.
Correct Answer:
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Q173: Which of the following statements is correct?
A)
Q174: Actual aggregate expenditure is
A) always equal to
Q175: When real GDP exceeds aggregate planned expenditure,
A)
Q176: If aggregate planned expenditure exceeds real GDP,
A)
Q177: When aggregate planned expenditure is less than
Q179: Equilibrium expenditure is defined as the level
Q180: When investment exceeds planned investment, aggregate planned
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