If aggregate planned expenditure is less than real GDP
A) real GDP will increase.
B) real GDP remain unchanged.
C) real GDP will either decrease or increase, depending on the MPC.
D) inventories will increase above their target level and real GDP will decrease.
Correct Answer:
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Q167: If aggregate planned expenditure exceeds real GDP
A)
Q181: Q183: Q184: Q190: If prices are fixed, when aggregate planned Q191: When the economy is in equilibrium Q193: Equilibrium expenditure is defined as the level Q197: At equilibrium expenditure Q199: When real GDP exceeds aggregate planned expenditure Q200: In the aggregate expenditure model, when real 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) planned
A) consumers' expenditures on goods
A)
