In the Aggregate Expenditures Model, If Aggregate Expenditures Are Greater

question 117

Multiple Choice

In the aggregate expenditures model, if aggregate expenditures are greater than real GDP,

• A) there will be unplanned decreases in inventories.
• B) employment decreases.
• C) aggregate output decreases.
• D) actual real output is greater than equilibrium real output.

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Anxiety

A sensation of anxiety or discomfort caused by the unpredictability of a situation.

Fear

Fear is an emotional response to perceived threats, leading to fight, flight, or freeze behaviors.

Probability

The measure of the likelihood that an event will occur, quantified as a number between 0 and 1.

Insulin Injection

The administration of insulin via a syringe, pen, or pump to manage blood glucose levels, primarily in individuals with diabetes.