-Real GDP Equals $20 Billion and Aggregate Planned Expenditure Is

question 90

Multiple Choice

-Real GDP equals $20 billion and aggregate planned expenditure is $30 billion. There is an unplanned _ in inventories of and real GDP will .

• A) decrease; $10 billion; decrease
• B) decrease; $10 billion; increase
• C) increase; $10 billion; increase
• D) increase; $50 billion; decrease

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Definitions:

Time-loss Injuries

Work-related injuries or illnesses that result in an employee being unable to work for a period of time.

Occupational Injury Claims

Requests for compensation or benefits made by employees as a result of injuries or illnesses directly related to their job.

Compensation

The total amount of the monetary and non-monetary pay provided to an employee in exchange for work performed as required.

Safety Training Program

A structured course or set of procedures designed to educate employees about workplace safety and health regulations to reduce accidents and injuries.