If Planned Expenditures Equal $2000 When GDP Is $2200, Then

question 18

Multiple Choice

If planned expenditures equal $2000 when GDP is $2200, then

• A) actual investment will exceed planned investment.
• B) the economy must have a trade surplus to sell the excess goods and services.
• C) there will be excess demand for most goods.
• D) inventories will decrease by $200.

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Brown Decision

Refers to the landmark 1954 U.S. Supreme Court case Brown v. Board of Education, which declared state laws establishing separate public schools for black and white students to be unconstitutional.

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