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14. Which of the following statements is true? a If AE > GDP, firms will find themselves with (unwanted) unplanned inventory investment on top of
14. Which of the following statements is true?
a | If AE > GDP, firms will find themselves with (unwanted) unplanned inventory investment on top of what was already planned. |
b | If AE < GDP, then there will be less inventory investment than firms had planned as firms sell more than what they expected. |
c | In equilibrium, there are no unplanned changes in inventories, so firms dont need to change production at all. |
d | All of the above. |
e | Only a) and b) |
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