If planned expenditure is below output,as the economy approaches equilibrium,________.
A)planned expenditure is rising
B)output is rising
C)saving is rising
D)all of the above
E)none of the above

Question

Quizplus · Accepted Answer

When planned expenditure is below output as the economy approaches equilibrium, it typically means that output will adjust downward to match the lower level of planned expenditure, not that planned expenditure, output, or saving is necessarily rising.

If Planned Expenditure Is Below Output,as the Economy Approaches Equilibrium,________