The table gives real GDP (Y) and its components in billions of dollars. If real GDP is $100 billion, explain the process that moves the economy toward equilibrium expenditure. If real GDP is $100 billion, aggregate planned expenditure is real GDP, O A. less than O B. greater than OC. equal to in inventories leads firms to As the economy moves toward equilibrium expenditure, an unplanned production. O A. increase; decrease O B. decrease; increase O C. decrease; decrease O D. increase; increase
The table gives real GDP (Y) and its components in billions of dollars. If real GDP is $100 billion, explain the process that moves the economy toward equilibrium expenditure. If real GDP is $100 billion, aggregate planned expenditure is real GDP, O A. less than O B. greater than OC. equal to in inventories leads firms to As the economy moves toward equilibrium expenditure, an unplanned production. O A. increase; decrease O B. decrease; increase O C. decrease; decrease O D. increase; increase
Chapter9: Aggregate Demand
Section: Chapter Questions
Problem 4.8P
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Transcribed Image Text:The table gives real GDP (Y) and its components in billions of dollars.
If real GDP is $100 billion, explain the process that moves the economy toward equilibrium expenditure.
If real GDP is $100 billion, aggregate planned expenditure is
real GDP.
O A. less than
O B. greater than
O C. equal to
As the economy moves toward equilibrium expenditure, an unplanned
production.
in inventories leads firms to
O A. increase; decrease
O B. decrease; increase
O C. decrease; decrease
O D. increase; increase
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