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:

Global Sourcing

The business practice of searching for and utilizing goods sources from around the world.

Employee Productivity

The measure of an employee's output and efficiency in their work tasks and responsibilities.

Work Environment

Refers to the physical and psychological conditions under which employees perform their job duties.

Managing Diversity

This refers to the practice of recognizing, understanding, and leveraging differences within the workforce to achieve competitive advantage.