When Aggregate Planned Expenditure _{--------------------} Real GDP, There Are Unplanned

question 22

Multiple Choice

When aggregate planned expenditure _{--------------------} real GDP, there are unplanned _{--------------------} in inventories, and firms _{--------------------} production, therefore decreasing real GDP.

• A)exceeds; increases; increase
• B)is less than; increases; decrease
• C)is less than; increases; increase
• D)exceeds; decreases; decrease
• E)is less than; decreases; decrease

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Definitions:

Consequence

The result or effect of an action or decision, which can be positive, negative, or neutral, affecting future events and decisions.

Symbolizing

The process of representing concepts, ideas, or actions with symbols, often used in communication and expression.

Social Learning Theory

A theory that suggests people learn from one another, via observation, imitation, and modeling.

Behaviors

Actions, reactions, or mannerisms displayed by individuals or groups in response to stimuli or in various situations.