When Real Gross Domestic Product (GDP)exceeds Total Planned Real Expenditures

question 49

Multiple Choice

When real Gross Domestic Product (GDP) exceeds total planned real expenditures,

• A)there will be unplanned decreases in inventories.
• B)the circular flow will increase.
• C)a lower level of equilibrium real Gross Domestic Product (GDP)will result.
• D)a higher level of equilibrium real Gross Domestic Product (GDP)will prevail.

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