If Aggregate Output Equals Planned Aggregate Expenditure, Then

question 127

Multiple Choice

If aggregate output equals planned aggregate expenditure, then

• A) unplanned inventory investment is zero.
• B) unplanned inventory adjustment is negative.
• C) unplanned inventory adjustment is positive.
• D) actual investment is greater than planned investment.

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Definitions:

Trade Flows

The movement of goods and services across borders, reflecting the import and export activities between countries.

Skilled Workers

Individuals who have acquired special skills, training, knowledge, and abilities in their work.

Unskilled Workers

Individuals in the workforce who possess limited or no specific skills in their job roles and typically perform simple tasks that require little training.

Wage Differential

The difference in wages earned by workers in different jobs, sectors, or locations, often influenced by factors like skill levels, demand, and living costs.