Figure 23-1
-Refer to Figure 23-1. At point J in the figure above, which of the following is true?
A) Aggregate expenditure is less than GDP.
B) The economy has achieved macroeconomic equilibrium.
C) Actual inventories are less than planned inventories.
D) GDP will be decreasing.

Question

Figure 23-1 
-Refer to Figure 23-1. At point J in the figure above, which of the following is true?
A) Aggregate expenditure is less than GDP. 
B) The economy has achieved macroeconomic equilibrium. 
C) Actual inventories are less than planned inventories. 
D) GDP will be decreasing.

Quizplus · Accepted Answer

The Answer of Figure 23-1 
-Refer to Figure 23-1. At point J in the figure above, which of the following is true?
A) Aggregate expenditure is less than GDP. 
B) The economy has achieved macroeconomic equilibrium. 
C) Actual inventories are less than planned inventories. 
D) GDP will be decreasing.

Figure 23-1 -Refer to Figure 23-1. at Point J in the Figure