Which of the Following Statements Concerning the Equilibrium Level of GDP

question 24

Multiple Choice

Which of the following statements concerning the equilibrium level of GDP is incorrect?

• A)There will be no tendency for businesses to alter the aggregate rate of production.
• B)Full employment will necessarily be realized.
• C)No unintended changes in inventories will occur.
• D)Leakages equal injections.

---

Definitions:

Bromo-Methylbutane

An organic compound that contains a bromine atom attached to a butane chain, often used in nucleophilic substitution reactions.

Organic Product

Organic product often refers to a molecule resulting from organic synthesis, especially in the context of organic reactions.

Methanol

The simplest alcohol, with the chemical formula CH3OH, used as a solvent, antifreeze, fuel, and in the production of formaldehyde.

Ethanol

A two-carbon alcohol (C2H5OH) commonly used as a solvent, fuel, and in alcoholic beverages.