Suppose the Equilibrium Level of Expenditure Is $13 Trillion

question 56

Multiple Choice

Suppose the equilibrium level of expenditure is $13 trillion. If real GDP is $14 trillion, then planned expenditures

• A) are less than real GDP, and real GDP will increase.
• B) exceed real GDP, and real GDP will increase.
• C) are less than real GDP, and real GDP will decrease.
• D) are equal to real GDP, and there will be no change in real GDP.

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Definitions:

Diploid Organism

An organism whose cells contain two sets of chromosomes, one set inherited from each parent.

Meiosis

A type of cell division that reduces the chromosome number by half, resulting in the production of four genetically distinct haploid gametes.

Meiosis

Meiosis is a type of cell division that reduces the chromosome number by half, resulting in four daughter cells, each with a unique set of chromosomes; it is essential for sexual reproduction.

Zygote

The initial cell formed when a sperm cell fertilizes an egg cell, representing the earliest stage of development in many organisms.