Equilibrium GDP on the Demand Side Occurs When Total Spending

question 197

Multiple Choice

Equilibrium GDP on the demand side occurs when total spending

• A)equals total production, and inventories are zero.
• B)equals total production, and firms are unable to adjust inventories.
• C)exceeds total production, and inventories are rising.
• D)equals total production, and inventories remain at desired levels.
• E)is less than total production, and inventories are falling.

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Imposed rules or laws considered unjust and detrimental to specific groups or entities.

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