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When Real Gross Domestic Product (GDP) Is Below Total Planned

Question 360

Multiple Choice

When real Gross Domestic Product (GDP) is below total planned real expenditures


A) there will be unplanned increases in inventories.
B) the circular flow will increase.
C) a lower level of equilibrium real Gross Domestic Product (GDP) will occur.
D) a higher level of equilibrium real Gross Domestic Product (GDP) will occur.

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