-If aggregate planned expenditure is less than real GDP, then in the short run
A) aggregate planned expenditure will increase.
B) exports change to restore equilibrium.
C) the price level will fall.
D) real GDP will decrease.
Correct Answer:
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Q234: The multiplier is the ratio of the
A)
Q235: Q236: Because of the multiplier, a one-time change Q237: If prices are fixed, an increase in Q238: When autonomous expenditure increases, equilibrium aggregate expenditure Q240: The multiplier shows that as _ changes, Q241: The multiplier is greater than 1 because Q242: If the multiplier is 6 and exports Q243: Which of the following makes the multiplier Q244: An increase in the size of the
A)
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