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Social Science Clinic => Economics => Topic started by: SGallaher96 on Jun 29, 2018

Title: If real GDP ________ aggregate planned expenditure, then as a result firms ________ production. ...
Post by: SGallaher96 on Jun 29, 2018

If real GDP ________ aggregate planned expenditure, then as a result firms ________ production.
 
  A) exceeds; decrease
  B) equals; increase
  C) exceeds; increase
  D) is less than; decrease
  E) equals; decrease

Question 2

When the demand for a good decreases, its equilibrium price ________ and equilibrium quantity ________.
 
  A) falls; increases
  B) falls; does not change
  C) rises; decreases
  D) rises; increases
  E) falls; decreases

Title: If real GDP ________ aggregate planned expenditure, then as a result firms ________ production. ...
Post by: nital on Jun 29, 2018

Answer to Question 1

A

Answer to Question 2

E

Title: Re: If real GDP ________ aggregate planned expenditure, then as a result firms ________ production.
Post by: Piseth Eung on Mar 17, 2022

thank you