Whenever Total Planned Expenditures Differ from Real GDP

question 364

Multiple Choice

Whenever total planned expenditures differ from real GDP

• A) unplanned inventories will remain unchanged.
• B) unplanned inventories will change.
• C) government spending will adjust.
• D) tax revenues will move the economy back to equilibrium.

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Definitions:

Auxin

A class of plant hormones that regulates growth and facilitates various developmental processes, including cell elongation.

Stolons

Horizontal connections between organisms, especially plants, that allow for asexual reproduction and the spread of the organism.

Tissue Culture

A technique of growing cells, tissues, or organs in a controlled environment outside of their natural environment.

Protoplasts

Plant, bacterial, or fungal cells that have had their cell wall removed, exposing the cell membrane and internal contents.