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If firms' inventories are less than they planned, aggregate planned expenditure is their production real GDP and firms Select one: a greater than; decrease b.

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If firms' inventories are less than they planned, aggregate planned expenditure is their production real GDP and firms Select one: a greater than; decrease b. less than; increase c. less than; decrease d. greater than; increase 130 SAS0 SAS 120 SAS Price level (GDP deflator, 2009 - 100) 110 100 90 17.0 18.0 18.5 19.0 195 Real GDP (trillions of 2009 dollare) In the above figure, the short-run aggregate supply curve is SAS. Suppose that the price level in the economy increases. As a result there is Select one: a, a shift to SASO b. a downward movement along SAS1. c. an upward movement along SAS1 d. a shift to SAS2

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