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If national income is $1500 billion and the level of planned spending by households and businesses is $1575 billion, then we can say that: A)
If national income is $1500 billion and the level of planned spending by households and businesses is $1575 billion, then we can say that:
- A) there will be an accumulation of inventories and output will rise.
- B) there will be an accumulation of inventories and output will fall.
- C) there will be an unplanned reduction in inventories and output will fall.
- D) there will be an unplanned reduction in inventories and output will rise.
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