Multiple Choice
When aggregate planned expenditure ________ real GDP, there are unplanned ________ in inventories, and firms ________ production, therefore decreasing real GDP.
A) is less than; increases; decrease
B) exceeds; decreases; decrease
C) is less than; increases; increase
D) exceeds; increases; increase
E) is less than; decreases; decrease
Correct Answer:
Verified
Correct Answer:
Verified
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