Multiple Choice
Which of the following situations lead firms to increase production?
A) real GDP = $6.0 trillion and aggregate planned expenditures = $5.0 trillion
B) real GDP = $2.0 trillion and aggregate planned expenditures = $2.0 trillion
C) real GDP = $10 trillion and aggregate planned expenditures = $9 trillion
D) real GDP = $5.0 trillion and aggregate planned expenditures = $6.0 trillion
E) Both answers A and C are correct.
Correct Answer:
Verified
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