If Aggregate Planned Expenditure Exceeds Real GDP, Then Inventories

question 115

Multiple Choice

If aggregate planned expenditure exceeds real GDP, then inventories

• A)increase and real GDP increases.
• B)increase and real GDP falls.
• C)decrease and real GDP increases.
• D)decrease and real GDP decreases.
• E)remain constant and real GDP remains constant.

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Definitions:

Standard Error

A measure of the dispersion or spread of sample means around the population mean.

Confidence Interval

A range of values, derived from a data set, that is likely to contain the value of an unknown population parameter.

Confidence Interval

A range of values, derived from sample statistics, that is likely to contain the value of an unknown population parameter.

Confidence Interval

A range of values, derived from the sample statistics, that is likely to contain the value of an unknown population parameter.