If Aggregate Expenditure Is Greater Than GDP,how Will the Economy

question 96

Multiple Choice

If aggregate expenditure is greater than GDP,how will the economy reach macroeconomic equilibrium?

• A)Inventories will decline,and GDP and employment will decline.
• B)Inventories will rise,and GDP and employment will decline.
• C)Inventories will decline,and GDP and employment will rise.
• D)Inventories will rise,and GDP and employment will rise.

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Definitions:

Ingroup

A group to which an individual identifies as being a member, often viewed in contrast to an "outgroup".

Self-Focus

The act of directing attention inward, towards one's own thoughts, feelings, and experiences, which can influence self-awareness and personal growth.

Form Impressions

The process of forming opinions or beliefs about others based on the initial information presented to us.

Accurate Impression

The correct or truthful understanding or representation of something or someone's character, appearance, or behavior.