Other Things Equal,if Planned Investment Spending Is Less Than Actual

question 56

Multiple Choice

Other things equal,if planned investment spending is less than actual investment spending,then aggregate expenditure will be ________ real GDP and employment will ________.

• A) greater than; increase
• B) greater than; decrease
• C) less than; increase
• D) less than; decrease

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Definitions:

Drilling Operations

Activities involved in creating boreholes in the earth, primarily for exploring and extracting natural resources like oil and gas.

Refineries

are industrial plants where raw materials, such as crude oil or sugar cane, are processed and converted into finished products like gasoline or refined sugar.

Clean Air Act

An extensive federal statute in the U.S. that controls emissions from both stationary and mobile sources in order to safeguard public health and the environment.

Sulfur Dioxide

A toxic gas produced by volcanoes and in various industrial processes, known for causing respiratory problems and environmental damage.