If unplanned change in inventory is zero aggregate output is positive when planned aggregate expenditures are positive. aggregate output is less than planned aggregate expenditures. aggregate output is greater than planned aggregate expenditures. aggregate output equals planned aggregate expenditures
If unplanned change in inventory is zero aggregate output is positive when planned aggregate expenditures are positive. aggregate output is less than planned aggregate expenditures. aggregate output is greater than planned aggregate expenditures. aggregate output equals planned aggregate expenditures
Chapter9: The Keynesian Model In Action
Section: Chapter Questions
Problem 8SQ
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If unplanned change in inventory is zero
aggregate output is less than planned aggregate expenditures.
aggregate output is greater than planned aggregate expenditures.
aggregate output equals planned aggregate expenditures
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