In the Income-Expenditure Framework,if Planned Aggregate Expenditures Are Greater Than

question 105

Multiple Choice

In the income-expenditure framework,if planned aggregate expenditures are greater than real GDP,

• A)the price level will fall
• B)consumption must fall
• C)inventories will increase
• D)inventories will decrease
• E)consumption will decrease

Understand the impact of employment on personal identity and well-being.

Recognize the role of socioeconomic factors in career paths.

Identify the skills and aptitudes increasingly valued in the workplace.

Understand the significance of education in career progression.

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