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Author Question: If planned aggregate expenditure is below potential GDP and planned aggregate expenditure equals ... (Read 213 times)

azncindy619

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on: Jun 29, 2018
If planned aggregate expenditure is below potential GDP and planned aggregate expenditure equals GDP, then
 
  A) actual inventory investment will be less than planned inventory investment.
  B) the economy is at full employment.
  C) the economy is in a recession.
  D) actual inventory investment will be greater than planned inventory investment.

Question 2

From 1970 to 2010, the poverty rate in East Asia rose slightly but the level of poverty in sub-Saharan Africa fell dramatically.
 
  Indicate whether the statement is true or false
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
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meltdown117

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

FALSE


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