In the Short-Run Macro Model,if GDP = $5 Trillion and Aggregate

question 103

Multiple Choice

In the short-run macro model,if GDP = $5 trillion and aggregate expenditure = $4.6 trillion,we would expect

• A) prices to fall until the additional $0.4 trillion of output was sold
• B) prices to rise
• C) output to rise because businesses anticipate that buyers will spend more in the future to compensate for weak spending in this period
• D) inventories to rise by $0.4 trillion
• E) inventories to shrink by $0.4 trillion

---

Definitions:

Sibling Rivalry

Competition, conflict, and jealousy between siblings, often stemming from a desire for parental attention, recognition, and favoritism.

Physical Inferiority

A perception of one's physical self as lesser or weaker compared to others, which can influence personality development and self-esteem.

Identity Crisis

A phase marked by indecision and chaos, where someone's self-identity is uncertain, frequently due to modifications in their social position or planned ambitions.

Self-Esteem

The subjective evaluation or appraisal of one's own worth as a person.