If Real GDP Is $3 Billion and Aggregate Planned Expenditure

question 112

Multiple Choice

If real GDP is $3 billion and aggregate planned expenditure is $3.5 billion, then inventories

• A)increase and productions increases.
• B)increase and production decreases.
• C)decrease and production increases.
• D)decrease and production decreases.
• E)remain the same and production decreases.

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Definitions:

Reproduction

The biological process through which organisms produce offspring, either sexually or asexually.

Metabolism

The complex of life-sustaining chemical reactions in organisms that allow for the growth, reproduction, and maintenance of their structures as well as response to their environments.

Inheritance

The genetic process through which traits or characteristics are passed from parents to their offspring.

Transmission Electron Microscope

A type of electron microscope that provides highly magnified images by transmitting electrons through a specimen.