At equilibrium expenditure
A) consumers' expenditures on goods and services equal firms' purchases of investment goods.
B) firms hold no inventories of raw materials or final goods.
C) aggregate planned expenditure equals real GDP.
D) aggregate planned expenditure equals real GDP minus net exports.
Correct Answer:
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Q192: When investment is less than planned investment,
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Q194: If aggregate planned expenditure is less than
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Q196: Suppose the equilibrium level of expenditure is
Q198: At equilibrium expenditure, unplanned changes in inventory
A)
Q199: When real GDP exceeds aggregate planned expenditure
A)
Q200: In the aggregate expenditure model, when real
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Q202: ![]()
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