If planned aggregate expenditure is above potential GDP and planned aggregate expenditure equals GDP, then
A) actual inventory investment will be less than planned inventory investment.
B) actual inventory investment will be greater than planned inventory investment.
C) the economy is in an expansion.
D) the economy is at full employment.
E) the economy is in a recession.
Correct Answer:
Verified
Q209: How does an increase in government spending
Q210: Figure 8.3 Q211: Table 8.11 Q212: Figure 8.3 Q213: Figure 8.3 Q215: Figure 8.4 Q216: _ is equal to consumption spending plus Q217: Which of the following leads to a Q217: If planned aggregate expenditure is less than Q219: Figure 8.3 Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents
