If planned aggregate expenditure is less than total production, O firms will experience an unplanned increase...
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If planned aggregate expenditure is less than total production, O firms will experience an unplanned increase in inventories. the economy is in equilibrium. GDP will increase. O actual inventories will equal planned inventories. If planned aggregate expenditure is less than total production, O firms will experience an unplanned increase in inventories. the economy is in equilibrium. GDP will increase. O actual inventories will equal planned inventories.
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Principles Of Macroeconomics
ISBN: 9781292303826
13th Global Edition
Authors: Karl E. Case,Ray C. Fair , Sharon E. Oster
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