If Planned Spending Exceeds Planned Output in an Economy,the Result

question 42

Multiple Choice

If planned spending exceeds planned output in an economy,the result is a(n) _____.

• A)increase in inventories
• B)decrease in gross domestic product
• C)decrease in imports
• D)increase in government purchases
• E)unintended decrease in inventories

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Definitions:

Monthly

Occurring, produced, or executed once every month.

Annuity

A financial product that pays out a fixed stream of payments to an individual, typically used as part of retirement planning.

RRSP

Registered Retirement Savings Plan, a Canadian account for holding savings and investment assets, intended to support retirement.

Quarterly

Occurring or done every three months.