If Planned Expenditures Equal $16 Trillion When Real GDP Is

question 197

Multiple Choice

If planned expenditures equal $16 trillion when real GDP is $16.5 trillion, then

• A) inventories will decrease by $0.5 trillion.
• B) actual investment will exceed planned investment.
• C) there will be excess demand for most goods.
• D) the economy must have a trade surplus to sell the excess goods and services.

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