In the aggregate expenditures model, if an economy operates above equilibrium GDP, there will be:
a. unplanned inventory depletion.
b. an increase in GDP.
c. an increase in employment.
d. a decrease in GDP.
d
Economics
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What led to the over-extension of credit by some private banks and central banks in the euro zone prior to the 2009 euro crisis?
What will be an ideal response?
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