If Aggregate Planned Expenditure Is Less Than Real GDP, in the Short

question 181

Multiple Choice

If aggregate planned expenditure is less than real GDP, in the short run

• A) exports change to restore equilibrium.
• B) real GDP will decrease.
• C) the price level will fall.
• D) aggregate planned expenditure will increase.

---

Definitions:

IUPAC Name

The systematic name given to a chemical substance, based on the rules established by the International Union of Pure and Applied Chemistry.

Secondary Alkyl Halide

An organic compound in which a halogen atom is bonded to a secondary carbon atom, part of an alkyl group.

T-butyl Iodide

An organic compound used in synthesis, characterized by an iodine atom bonded to a tertiary butyl group.

Isopropyl Chloride

A chlorinated hydrocarbon with the formula CH3CHClCH3, used as an organic solvent and chemical intermediate.