If Firms Sell Exactly What They Expected to Sell,all of the Following

question 100

Multiple Choice

If firms sell exactly what they expected to sell,all of the following will be true except

• A)aggregate expenditure will be greater than GDP.
• B)there is no unplanned change in inventories.
• C)inventories will not change,and GDP and employment will remain stable.
• D)aggregate expenditure will be equal to GDP.

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Definitions:

Sensory Register

The part of the memory system where sensory information is stored for a very short period of time.

Visual Images

Mental representations of objects, scenes, or events produced by the brain, often used in memory and creative processes.

Half Second

A very short time interval, specifically one half of a second, often used to measure quick, precise moments.

Executive Processes

Higher-order cognitive processes involved in the planning, initiation, sequence, and monitoring of complex goal-directed behavior.