Refer to the figure below. Based on the Keynesian cross diagram, if output equals 5,000, planned aggregate expenditure is ______ output, and firms will ______ production in response.
A)less than; decrease
B)greater than; decrease
C)equal to; not change
D)less than; increase

Question

Refer to the figure below.  Based on the Keynesian cross diagram, if output equals 5,000, planned aggregate expenditure is ______ output, and firms will ______ production in response.
A)less than; decrease 
B)greater than; decrease 
C)equal to; not change 
D)less than; increase

Quizplus · Accepted Answer

The Answer of Refer to the figure below.  Based on the Keynesian cross diagram, if output equals 5,000, planned aggregate expenditure is ______ output, and firms will ______ production in response.
A)less than; decrease 
B)greater than; decrease 
C)equal to; not change 
D)less than; increase

Refer to the Figure Below