If Firms Sell Exactly What They Expected to Sell,all of the Following

question 100

Multiple Choice

If firms sell exactly what they expected to sell,all of the following will be true except

• A)aggregate expenditure will be greater than GDP.
• B)there is no unplanned change in inventories.
• C)inventories will not change,and GDP and employment will remain stable.
• D)aggregate expenditure will be equal to GDP.

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Definitions:

Evaluative Criteria

The standards and specifications that consumers use to compare and judge the merits of different products, services, or brands when making purchasing decisions.

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Lithium-Ion Battery

A type of rechargeable battery widely used in portable electronics and electric vehicles due to its high energy density.

Consideration Set

A group of brands or products a consumer evaluates as options when making a purchase decision.