Which of the following does NOT occur when the economy is operating at the equilibrium level of GDP?
A) Total planned expenditures equal real GDP. B) Planned investment equals actual investment.
C) Inventory investment equals zero. D) Real GDP tends to rise over time.
D
Economics
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Nominal GDP measures the value of all final goods and services at base-year prices
Indicate whether the statement is true or false
Economics
"Equilibrium" is a situation in which there are no inherent forces to produce change
a. True b. False Indicate whether the statement is true or false
Economics