If real GDP is $16 trillion and planned aggregate expenditure is $16.5 trillion, inventories will be
A) below their target and real GDP will increase.
B) below their target and real GDP will decrease.
C) above their target and real GDP will decrease.
D) above their target and real GDP will increase.
Correct Answer:
Verified
Q161: An increase in investment by U.S. firms
Q165: Autonomous expenditure is not influenced by
A) the
Q166: Suppose that in 2014, firms discover that
Q167: If planned expenditures equal $16 trillion when
Q169: The difference between planned and unplanned spending
Q170: All else being constant, autonomous expenditure
A) increases
Q172: Which of the following is NOT an
Q175: Aggregate planned expenditure
A) always equals actual aggregate
Q176: Autonomous expenditure refers to
A) aggregate expenditure solely
Q178: A decrease in autonomous consumption will
A) shift
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