If Mexico experiences a period of stable prices while the United States experiences rapid inflation, what will happen in Mexico?

Economic growth is defined as equal to the increase in

A) real GDP. B) population. C) the price level. D) the inflation rate. E) employment.

When aggregate planned expenditure exceeds real GDP, there are unplanned ________ in inventories, and firms ________ production, so that real GDP ________

A) increases; increase; increases B) increases; decrease; decreases C) decreases; decrease; decreases D) decreases; decrease; increases E) decreases; increase; increases