Assume That Inventories Declined by More Than What Analysts Predicted

question 154

Multiple Choice

Assume that inventories declined by more than what analysts predicted.This implies that

• A)planned aggregate expenditure was greater than real GDP.
• B)planned aggregate expenditure was equal to real GDP.
• C)planned aggregate expenditure was less than real GDP.
• D)planned aggregate expenditure is unrelated to real GDP.

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