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If the GDP of the economy is higher than the equilibrium GDP, a) Inventories would fall below the desired level and thus firms increase their
If the GDP of the economy is higher than the equilibrium GDP, a) Inventories would fall below the desired level and thus firms increase their production. b) Inventories would be above the desired level and thus firms increase their production. c) Inventories would fall below the desired level and thus firms decrease their production. d) Inventories would be above the desired level and thus firms decrease their production
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