If Output Is Less Than Planned Aggregate Expenditure, There Will

question 207

Multiple Choice

If output is less than planned aggregate expenditure, there will be

• A) an unplanned increase in inventories.
• B) an unplanned decrease in inventories.
• C) no change in inventories.
• D) a planned increase in inventories.

---

Definitions:

Courageous

Possessing or displaying bravery and willingness to face fear, danger, or difficulty.

Psychological Egoism

The theory that suggests that all human actions are motivated by self-interest, even when appearing to be altruistic.

Ethical Egoism

A moral philosophy arguing that individuals should act in their own self-interest and that this is the foundation of morality.

Ought

expresses duty, correctness, or advisability, typically concerning moral obligation or desirable actions.