In the given Figure, at $3,000 billion real CDP, Select one: a. inventories are constant. b. spending exceeds total output and inventories will fall. c aggregate demand equals aggregate supply. d. spending falls short of output and inventories will rise.

In the given Figure, at $3,000 billion real CDP, Select one: a. inventories are constant. b. spending exceeds total output and inventories will fall. c aggregate demand equals aggregate supply. d. spending falls short of output and inventories will rise.

Economics For Today

10th Edition

ISBN:9781337613040

Author:Tucker

Publisher:Tucker

Chapter19: The Keynesian Model In Action

Section: Chapter Questions

Problem 1SQ

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Question

In the given Figure, at $3,000 billion real CDP,
Select one:
a. inventories are constant.
b. spending exceeds total output and inventories will fall.
c aggregate demand equals aggregate supply.
d. spending falls short of output and inventories will rise.

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