Suppose That at a Particular Level of Real GDP,the Unintended

question 41

Multiple Choice

Suppose that at a particular level of real GDP,the unintended change in inventories is zero.Which of the following is true?

• A)That level of real GDP is less than the equilibrium level of real GDP demanded.
• B)That level of real GDP is greater than the equilibrium level of real GDP demanded.
• C)That level of real GDP is the equilibrium level of real GDP demanded.
• D)At that level of real GDP,there is no inflation.
• E)At that level of real GDP,there is no saving.

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Definitions:

Defence Mechanisms

Psychological strategies deployed unconsciously by individuals to protect themselves from anxiety or to cope with reality or maintain self-image.

Strongly Identify

To have a powerful or intense association with a particular group, belief system, or identity.

Evaluation Efforts

The systematic assessment of the processes and/or outcomes of a program or project, with the aim of learning from experiences and making improvements.

Measurement

The process of determining the size, quantity, or degree of something, typically through the use of instruments or standardized tests.