If our closed, private economy has our real GDP lower than our aggregate expenditures, it means: Question 16 options: our economy is in overproduction, so we should lay off workers to decrease output for our real GDP to meet our aggregate expenditures. we are at equilibrium and no action is needed our economy is in underproduction, so we should hire more workers to increase output for our real GDP to meet our aggregate expenditures. we are a positive net export country so our Real GDP will increase