When Aggregate Expenditure Is Greater Than GDP, Then There Will

question 68

Multiple Choice

When aggregate expenditure is greater than GDP, then there will be an

• A)unplanned increase in inventories and GDP will increase.
• B)unplanned decrease in inventories and GDP will increase.
• C)unplanned increase in inventories and GDP will decrease.
• D)unplanned decrease in inventories and GDP will decrease.

---

Definitions:

Premium

The consideration paid by the insured to the insurer for insurance protection.

Water Damage

Water damage refers to the destruction or harm caused to property by water intrusion, which can result from various sources like floods, leaks, or condensation.

Decreasing Term Insurance

A type of term life insurance where the death benefit decreases over time, often used to cover specific financial obligations that reduce over time, like a mortgage.

Premium

The amount paid for an insurance policy, representing the cost to keep the policy active.