If aggregate expenditure is greater than real GDP, we could expect which of the following to occur? Inventories to decline and real A GDP to increase in the future Inventories to increase and real В GDP to increase in the future Inventories to decline and real C GDP to decline in the future Inventories to increase and real D GDP to decline in the future
If aggregate expenditure is greater than real GDP, we could expect which of the following to occur? Inventories to decline and real A GDP to increase in the future Inventories to increase and real В GDP to increase in the future Inventories to decline and real C GDP to decline in the future Inventories to increase and real D GDP to decline in the future
Chapter23: The Aggregate Expenditure Model
Section: Chapter Questions
Problem 3P
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If aggregate expenditure is greater than real
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