Aggregate Planned Expenditure

question 70

Multiple Choice

Aggregate planned expenditure

• A)is always less than actual aggregate expenditure.
• B)is always greater than actual aggregate expenditure.
• C)always equals actual aggregate expenditure.
• D)equals actual aggregate expenditure at the equilibrium level of real GDP.

Identify and apply different properties of algebra (additive inverse, additive identity, commutative, associative, distributive) to simplify expressions and solve equations.

Recognize and write the components of algebraic expressions, such as terms and coefficients.

Apply the distributive property to simplify expressions.

Solve simple algebraic equations and inequalities.

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