If Aggregate Expenditure Is Less Than GDP,how Will the Economy

question 115

Multiple Choice

If aggregate expenditure is less than GDP,how will the economy reach macroeconomic equilibrium?

• A)Inventories will decline,and GDP and employment will decline.
• B)Inventories will rise,and GDP and employment will decline.
• C)Inventories will decline,and GDP and employment will rise.
• D)Inventories will rise,and GDP and employment will rise.

---

Definitions:

Insecurity

Describes a feeling of uncertainty or anxiety about oneself; lack of confidence.

Relational Skills

Pertains to the abilities required to form and maintain positive interpersonal relationships, facilitating effective communication and collaboration.

Management

The performance of four functions or processes—planning, including charting a direction, determining strategies to succeed, and making policy decisions; organizing, including aligning structure, people, and resources to achieve goals; directing, including supervising, facilitating, coaching, and developing people; and controlling, including tracking progress against plans and making corrections; an endeavor requiring technical, relational, and conceptual skills.

Career

The progression and actions taken by an individual throughout their working life, including education, employment, and other experiences.