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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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