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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

ECON MACRO
ECON MACRO
5th Edition
ISBN:9781337000529
Author:William A. McEachern
Publisher:William A. McEachern
Chapter9: Aggregate Demand
Section: Chapter Questions
Problem 4.8P
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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 Click to select your answer. MacBook Air
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 Click to select your answer. MacBook Air
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