For a Private Closed Economy, an Unplanned Decline in Inventories

question 29

Multiple Choice

For a private closed economy, an unplanned decline in inventories suggests that:

• A)aggregate expenditures are less than the business sector expected them to be.
• B)planned investment is greater than saving.
• C)actual investment exceeds saving.
• D)planned investment is greater than consumption.

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Definitions:

Macro

A set of commands, instructions, or actions that are compiled into a single command to automate repetitive tasks in software applications.

Check Box Control

A GUI (Graphical User Interface) element that allows users to select or deselect an option, often seen as a small box that can be checked or unchecked.

Size Option

A selectable choice that allows users to specify or alter the dimensions, scale, or extent of an item, object, or display setting.

Height And Width

Dimensions that describe the size of an object or area, typically measured in units like inches, centimeters, pixels, etc.