If Aggregate Planned Expenditure Is Less Than Real GDP Then

question 1

Multiple Choice

If aggregate planned expenditure is less than real GDP then

• A)firms' inventories will increase and real GDP will decrease as production falls.
• B)consumers increase their planned expenditure until aggregate planned expenditure increases to equal real GDP.
• C)firms increase their planned expenditure until aggregate planned expenditure increases to equal real GDP.
• D)firms' inventories will decrease and real GDP will decrease as production falls.

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Definitions:

Peripheral Nervous System

The part of the nervous system outside the brain and spinal cord, including the nerves and ganglia.

Cerebral Cortex

The outermost layer of the brain, involved in higher functions such as sensory processing, thought, reasoning, and memory.

Split Brain

A condition resulting from the severance or lesion of the corpus callosum, leading to impaired communication between the brain's left and right hemispheres.

Epileptic Seizures

Epileptic seizures are sudden, uncontrolled electrical disturbances in the brain that can cause changes in behavior, movements, feelings, and levels of consciousness.