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A) select one : greater or less. B) select one: unplanned increase or unplanned decrease. C) select one : increasing or decreasing. E) select one:

A) select one : greater or less.

B) select one: unplanned increase or unplanned decrease.

C) select one : increasing or decreasing.

E) select one: unplanned increase or unplanned decrease.

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The following diagram shows the aggregate expenditure schedule for the economy and the equilibrium condition on the 45 degree line. Round all answers to the nearest whole number. 912151321242730333639 HealGDPandlnoome If output is K, planned expenditure would be -. Planned expenditure would be output. b) What is the size of the unplanned change in inventories at output K. b) What is the size of the unplanned change in inventories at output K. ess The (Select one) in inventories amounts to 0 c) How will business firms respond to this situation? Business firms will respond by (Select one) output. d) What is the equilibrium income and expenditure? Equilibrium level of output and expenditure = 0 e) Suppose output is at J, is there an unplanned change in inventories? By how much? There would be (Select one) in inventories in the amount 0

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