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Exhibit 9.1 -Refer to Exhibit 9.1, Which Shows the Income-Expenditure Model. at the Income-Expenditure

Question 113

Multiple Choice

Exhibit 9.1
Exhibit 9.1 -Refer to Exhibit 9.1, which shows the income-expenditure model. At point C, _____ A) consumption expenditure exceeds disposable income. B) producers experience an unexpected loss of inventory. C) aggregate expenditure is exactly equal to real GDP. D) real GDP exceeds aggregate expenditure. E) producers experience an unexpected accumulation of inventory.
-Refer to Exhibit 9.1, which shows the income-expenditure model. At point C, _____

A) consumption expenditure exceeds disposable income.
B) producers experience an unexpected loss of inventory.
C) aggregate expenditure is exactly equal to real GDP.
D) real GDP exceeds aggregate expenditure.
E) producers experience an unexpected accumulation of inventory.

Correct Answer: