Actual aggregate expenditure is
A) never greater than real GDP but can be less than real GDP.
B) never less than real GDP but can be greater than real GDP.
C) only equal to real GDP at the equilibrium level of aggregate planned expenditure.
D) always equal to real GDP.
Correct Answer:
Verified
Q178: The sum of the components of aggregate
Q179: Induced expenditure includes .
A) all autonomous expenditure
B)
Q180: All else being constant, autonomous expenditure
A) does
Q181: An increase in U.S. exports because of
Q182: Aggregate planned expenditure
A) equals actual aggregate expenditure
Q184: Which of the following is NOT an
Q185: A decrease in autonomous consumption will
A) shift
Q186: When there is unplanned inventory investment, aggregate
Q187: An increase in investment by U.S. firms
Q188: If firms' inventories are increasing above their
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