Real GDP Is $13 Trillion and Aggregate Planned Expenditure Is

question 54

Multiple Choice

Real GDP is $13 trillion and aggregate planned expenditure is $14 trillion.As a result,unplanned inventory change is ________ and real GDP ________.

• A)negative;decreases
• B)negative;does not change
• C)positive;increases
• D)positive;decreases
• E)negative;increases

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Definitions:

Certified Check

A check verified by a bank, confirming that the signer has enough funds in their account to cover the check amount.

Cashier's Check

A check issued by a bank, drawn on the bank's own funds and signed by a cashier, used for guaranteed payment.

Digital Cash

Money stored electronically in place of physical currency.

Physical Currency

Tangible money, such as coins and paper bills, used as a medium of exchange for goods and services.