Consider a simple macro model with a constant price level and demand-determined output. When national income falls short of desired aggregate expenditures, unplanned inventory will induce firms to
The rate of output production.
A) depletion; lower
B) depletion; raise
C) buildup; lower
D) buildup; raise
E) at zero; maintain the current

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The Answer of Consider a simple macro model with a constant price level and demand-determined output. When national income falls short of desired aggregate expenditures, unplanned inventory will induce firms to
The rate of output production.
A) depletion; lower
B) depletion; raise
C) buildup; lower
D) buildup; raise
E) at zero; maintain the current

Consider a Simple Macro Model with a Constant Price Level