This topic contains a solution. Click here to go to the answer

Author Question: When real GDP exceeds aggregate planned expenditure A) an unplanned increase in inventories ... (Read 116 times)

Charlie

  • Hero Member
  • *****
  • Posts: 640
When real GDP exceeds aggregate planned expenditure
 
  A) an unplanned increase in inventories occurs.
  B) real GDP remains at its equilibrium.
  C) real GDP increases.
  D) firms increase production.
  E) an unplanned decrease in inventories occurs.

Question 2

If aggregate planned expenditures are less than real GDP, then
 
  A) inventories increase above their planned levels and businesses increase their production.
  B) unplanned inventory changes equal zero.
  C) inventories decrease below their planned levels and businesses increase their production.
  D) inventories increase above their planned levels and businesses decrease their production.
  E) there is no equilibrium level of real GDP.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

CharlieArnold

  • Sr. Member
  • ****
  • Posts: 319
Answer to Question 1

A

Answer to Question 2

D




Charlie

  • Member
  • Posts: 640
Reply 2 on: Jun 29, 2018
Excellent


bassamabas

  • Member
  • Posts: 294
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Did you know?

Tobacco depletes the body of vitamins A, C, and E, which can result in any of the following: dry hair, dry skin, dry eyes, poor growth, night blindness, abscesses, insomnia, fatigue, reproductive system problems, sinusitis, pneumonia, frequent respiratory problems, skin disorders, weight loss, rickets, osteomalacia, nervousness, muscle spasms, leg cramps, extremity numbness, bone malformations, decayed teeth, difficulty in walking, irritability, restlessness, profuse sweating, increased uric acid (gout), joint damage, damaged red blood cells, destruction of nerves, infertility, miscarriage, and many types of cancer.

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

For a complete list of videos, visit our video library