What happens to aggregate expenditure if unplanned inventories rise a. Greater than output and output of firms decreases b. Less than output and output of firms increases c. Greater than output and output of firms increases d. Less than output and output of firms decreases
What happens to aggregate expenditure if unplanned inventories rise a. Greater than output and output of firms decreases b. Less than output and output of firms increases c. Greater than output and output of firms increases d. Less than output and output of firms decreases
Chapter23: The Aggregate Expenditure Model
Section: Chapter Questions
Problem 3P
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What happens to aggregate expenditure if unplanned inventories rise
a. Greater than output and output of firms decreases
b. Less than output and output of firms increases
c. Greater than output and output of firms increases
d. Less than output and output of firms decreases
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