Which of the following situations lead firms to increase production?
A) real GDP = $12.0 trillion and aggregate planned expenditures = $12.0 trillion
B) real GDP = $15.0 trillion and aggregate planned expenditures = $14.0 trillion
C) real GDP = $16.0 trillion and aggregate planned expenditures = $15.0 trillion
D) real GDP = $15.0 trillion and aggregate planned expenditures = $16.0 trillion
E) Both answers A and C are correct.
Correct Answer:
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Q49: When the multiplier is -------------------- , an
Q50: Q51: Q52: Which of the following variables is fixed Q53: An economy has no imports or income Q55: A decrease in wealth Q56: When investment increases, the multiplier points out 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)increases; shifts the consumption
