Aggregate planned expenditure
A)is always less than actual aggregate expenditure.
B)is always greater than actual aggregate expenditure.
C)always equals actual aggregate expenditure.
D)equals actual aggregate expenditure at the equilibrium level of real GDP.

Question

Quizplus · Accepted Answer

Aggregate planned expenditure equals actual aggregate expenditure at the equilibrium level of real GDP, where planned spending matches actual spending, and there is no unplanned inventory change.

Aggregate Planned Expenditure