If Planned Aggregate Expenditure Is Less Than Total Production

question 238

Multiple Choice

If planned aggregate expenditure is less than total production

• A)actual inventories will equal planned inventories.
• B)firms will experience an unplanned decrease in inventories.
• C)GDP will decrease.
• D)the economy is in equilibrium.

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Definitions:

Obsessions

Persistent, intrusive, and unwanted thoughts that cause distress or anxiety.

Compulsions

Repetitive behaviors or mental acts that an individual feels driven to perform in response to an obsession, or according to rules that must be applied rigidly.

Obsessive-Compulsive Disorder

A mental disorder where individuals experience recurring, unwanted thoughts (obsessions) and repetitive behaviors (compulsions) as a way to manage anxiety.

Specific Phobia

An intense, irrational fear of a specific object, situation, or activity that is actively avoided or endured with extreme anxiety.