When Aggregate Expenditure Is More Than GDP,which of the Following

question 166

Multiple Choice

When aggregate expenditure is more than GDP,which of the following is true?

• A)There was an unplanned decrease in inventories.
• B)Firms spent less on capital goods than they planned.
• C)Households bought fewer new homes than they planned.
• D)All of the above must be true when aggregate expenditure is more than GDP.

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Definitions:

Insulin

Insulin is a hormone produced by the pancreas that regulates blood sugar levels by facilitating the uptake of glucose into cells, essential for energy production.

Pancreatic Beta Cells

Pancreatic beta cells are cells located in the islets of Langerhans in the pancreas that produce and release insulin, a hormone that regulates blood sugar levels.

Thyroid Hormone

A hormone produced by the thyroid gland that regulates metabolism, energy generation, and growth and development in the body.

Anterior Pituitary

The anterior, glandular lobe of the pituitary gland; functions as a classical endocrine gland; secretes growth hormone, prolactin, melanocyte-stimulating hormone, and several tropic hormones. Compare with posterior pituitary.