Exhibit 9-7
-Which of the following best describes the situation at point B in Exhibit 9-7?
A)consumption expenditures exceeds disposable income
B)producers are experiencing an unexpected loss in inventory
C)aggregate expenditure is exactly equal to real GDP
D)real GDP exceeds aggregate expenditure
E)producers are experiencing an unexpected accumulation of inventory

Question

Exhibit 9-7 
-Which of the following best describes the situation at point B in Exhibit 9-7?
A)consumption expenditures exceeds disposable income 
B)producers are experiencing an unexpected loss in inventory 
C)aggregate expenditure is exactly equal to real GDP 
D)real GDP exceeds aggregate expenditure 
E)producers are experiencing an unexpected accumulation of inventory

Quizplus · Accepted Answer

The Answer is B

Exhibit 9-7 -Which of the Following Best Describes the Situation at Point