If Firms Sell Exactly What They Expected to Sell,all of the Following

question 100

Multiple Choice

If firms sell exactly what they expected to sell,all of the following will be true except

• A)aggregate expenditure will be greater than GDP.
• B)there is no unplanned change in inventories.
• C)inventories will not change,and GDP and employment will remain stable.
• D)aggregate expenditure will be equal to GDP.

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Definitions:

Announcing Decision

The formal declaration of a conclusion or judgment made by an authority, often pertaining to legal or organizational outcomes.

Oral Arguments

The verbal presentations made by attorneys to a court in which they summarize their case and answer judges' questions.

Remanded

Refers to the act of sending a legal case back to the original trial court for further proceedings or a new trial.

Appeals Court

An appeals court is a court that reviews decisions made by lower courts to ensure the law was applied correctly and justice was served.