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If planned aggregate expenditure is less than total production, O firms will experience an unplanned increase in inventories. the economy is in equilibrium. GDP
If planned aggregate expenditure is less than total production, O firms will experience an unplanned increase in inventories. the economy is in equilibrium. GDP will increase. O actual inventories will equal planned inventories.
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Principles Of Macroeconomics
Authors: Karl E. Case,Ray C. Fair , Sharon E. Oster
13th Global Edition
1292303824, 978-1292303826
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