Exhibit 10-3
-Which of the following best describes the situation at point B in Exhibit 10-3?
A)consumption expenditures exceeds disposable income
B)real GDP exceeds aggregate expenditure
C)aggregate expenditure is exactly equal to real GDP
D)aggregate expenditure exceeds real GDP
E)producers are experiencing an unexpected accumulation of inventory

Question

Exhibit 10-3 
-Which of the following best describes the situation at point B in Exhibit 10-3?
A)consumption expenditures exceeds disposable income 
B)real GDP exceeds aggregate expenditure 
C)aggregate expenditure is exactly equal to real GDP 
D)aggregate expenditure exceeds real GDP 
E)producers are experiencing an unexpected accumulation of inventory

Quizplus · Accepted Answer

The Answer of Exhibit 10-3 
-Which of the following best describes the situation at point B in Exhibit 10-3?
A)consumption expenditures exceeds disposable income 
B)real GDP exceeds aggregate expenditure 
C)aggregate expenditure is exactly equal to real GDP 
D)aggregate expenditure exceeds real GDP 
E)producers are experiencing an unexpected accumulation of inventory

Exhibit 10-3 -Which of the Following Best Describes the Situation at Point