If aggregate expenditures (AE) are less than aggregate output (real GDP), then firms will:
a. have unplanned inventory accumulation.
b. earn above-average profits.
c. expand production and hire more workers.
d. be raising their prices.
a
Economics
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A. Business Cycle lag B. Recognition lag C. Legislative lag D. Implementation lag
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Places where foreign currencies are bought and sold are
A. Foreign exchange markets. B. Currency appreciation markets. C. Capital account markets. D. Foreign exchange reserves.
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