Answered step by step
Verified Expert Solution
Question
1 Approved Answer
If aggregate planned expenditure is less than real GDP, then inventories increase and real GDP increases. increase and real GDP falls. decrease and real GDP
If aggregate planned expenditure is less than real GDP, then inventories
increase and real GDP increases.
increase and real GDP falls.
decrease and real GDP increases.
decrease and real GDP decreases.
remain constant and real GDP remains constant.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started