Real GDP Equals $20 Billion and Aggregate Planned Expenditure Is

question 337

Multiple Choice

Real GDP equals $20 billion and aggregate planned expenditure is $30 billion. There is an unplanned ________ in inventories of ________ and real GDP will ________.

• A) increase; $10 billion; increase
• B) increase; $50 billion; decrease
• C) decrease; $10 billion; increase
• D) decrease; $10 billion; decrease

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Definitions:

Personal in Nature

Describes something that is intended for or affecting an individual rather than a group or an entity.

Contractual Duties

Obligations that parties are legally bound to perform as outlined in a contract.

Motivation Theory

A theory or set of theories that explains why individuals are driven to initiate, persist in, or cease specific behaviors at various times.

Coworkers

Individuals who work together in the same organization or on the same project but do not have the same direct line of authority.