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With Planned Expenditure and the Equilibrium Condition Y = PE

question 38

Multiple Choice

With planned expenditure and the equilibrium condition Y = PE drawn on a graph with income along the horizontal axis, if income exceeds expenditure, then income is to the ______ of equilibrium income and there is unplanned inventory ______.


Definitions:

Insertion

The point or mode of attachment of a skeletal muscle to the bone or other body part it moves.

Orbicularis Oris

A complex of muscles in the lips that encircles the mouth, controlling the movements involved in lip closure, puckering, and speech.

Puckering

The formation of small wrinkles or folds in a surface, often caused by contraction, shrinking, or gathering, particularly in skin or fabric.

Elevate Jaw

The action of raising the lower jaw or mandible, an action involved in facial expressions and chewing.

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