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Please see picture 2 pts Question 28 Y=AE Real Aggregate Expenditure (AE) AE1 U 45. Real GDP 3 The Y-axis is labeled Real Aggregate Expenditure

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2 pts Question 28 Y=AE Real Aggregate Expenditure (AE) AE1 U 45. Real GDP 3 The Y-axis is labeled Real Aggregate Expenditure (AE), and the X-axis is labeled Real GDP (Y). The 45 line starts at the origin and rises to the right at a 45 angle. The 45 line is labeled Y=AE. One aggregate expenditure line, labeled AE1, starts at a point on the Y-axis and rises to the right with a slope that is less steep than the 45 line. AE1 has three points on it, labeled from left to right A, B, and C. Point B is where AE1 intersects the 45 line. Point A is closer to the Y-axis than Point B, while Point C is farther from the Y-axis than Point B. If the economy is at point C, what will happen? Inventories have fallen below their desired level, and firms decrease production. O Inventories have risen above their desired level, and firms increase production. O Inventories have risen above their desired level, and firms decrease production. Inventories have fallen below their desired level, and firms increase production

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