Figure 23-1 -Refer to Figure 23-1. at Point L in the Figure

question 234

Multiple Choice

Figure 23-1
-Refer to Figure 23-1. At point L in the figure above, which of the following is true?

• A) Aggregate expenditure is greater than GDP.
• B) The economy has achieved macroeconomic equilibrium.
• C) Actual inventories are greater than planned inventories.
• D) GDP will be increasing.

---

Definitions:

Harassment

Unwanted and unwelcomed behavior that creates an intimidating, hostile, or offensive work environment.

Financialization

The increasing influence of financial markets, financial motives, financial institutions, and financial elites on the economy and society at large.

Financial Transactions

Activities involving the exchange of money or monetary value between individuals, organizations, or financial institutions.

Corporate Profits

The financial surplus gained by a company after all expenses and taxes have been deducted from total revenue.