If Planned Aggregate Expenditure Is Above Potential GDP and Planned

question 164

Multiple Choice

If planned aggregate expenditure is above potential GDP and planned aggregate expenditure equals GDP,then

• A)actual inventory investment will be less than planned inventory investment.
• B)actual inventory investment will be greater than planned inventory investment.
• C)the economy is in an expansion.
• D)the economy is at full employment.

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Definitions:

Analyze Needs

The process of identifying and evaluating requirements or gaps in a system, process, or organization to enhance performance or outcomes.

Press Conference

A media event in which newsmakers invite journalists to hear them speak and, typically, ask questions.

Workplace Harassment

Inappropriate conduct or behavior in a work environment that creates an intimidating, hostile, or offensive workplace.

Persuade Audience

The act of convincing listeners or viewers to view a situation from a specific perspective or to adopt a particular action.