If Planned Aggregate Expenditure Is Below Potential GDP and Planned

question 266

Multiple Choice

If planned aggregate expenditure is below potential GDP and planned aggregate expenditure equals GDP, then

• A)actual inventory investment will be less than planned inventory investment.
• B)actual inventory investment will be greater than planned inventory investment.
• C)the economy is in a recession.
• D)the economy is at full employment.
• E)the economy is in an expansion.

---

Definitions:

First Responders

Individuals such as police, firefighters, and emergency medical personnel who are among the first to arrive and provide assistance at the scene of an emergency.

Crash Cart

A mobile trolley equipped with emergency medical supplies and equipment necessary for lifesaving procedures, often found in hospitals.

Medical Emergency

An injury or illness that is acute and poses an immediate risk to a person’s life or long-term health.

Airway

The path through which air enters and exits the lungs, critical for breathing and respiratory function.