-The figure shows Tropical Isleʹs aggregate planned expenditure curve. When aggregate planned expenditure is $2 trillion, aggregate planned expenditure is than real GDP, firmsʹ inventories , and firms their production.
A) greater; increase; decrease
B) less; increase; decrease
C) greater; decrease; increase
D) less; decrease; increase
Correct Answer:
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Q195: Equilibrium expenditure occurs where the aggregate expenditure
Q196: Q197: Q198: Q199: When the economy is in equilibrium, Q201: Q202: If aggregate planned expenditure is less than Q203: If prices are fixed, an increase in Q204: The multiplier effect exists because a change Q205: Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents
A) there