Which of the following situations lead firms to increase production?
A) real GDP = $16.0 trillion and aggregate planned expenditures = $15.0 trillion
B) real GDP = $15.0 trillion and aggregate planned expenditures = $14.0 trillion
C) real GDP = $12.0 trillion and aggregate planned expenditures = $12.0 trillion
D) real GDP = $15.0 trillion and aggregate planned expenditures = $16.0 trillion
E) Both answers A and C are correct.
D
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Borrowers who stated but did not document their incomes are referred to as:
A) subprime B) alt A C) adjustable D) securitized
If interest rates rose more in Japan than in the U.S., then other things the same
a. U.S. citizens would buy more Japanese bonds and Japanese citizens would buy more U.S. bonds. b. U.S. citizens would buy more Japanese bonds and Japanese citizens would buy fewer U.S. bonds. c. U.S. citizens would buy fewer Japanese bonds and Japanese citizens would buy more U.S. bonds. d. U.S. citizens would buy fewer Japanese bonds and Japanese citizens would buy fewer U.S. bonds.