You have just received seed money for a new e-commerce business and you want to hire a dozen people with a high level of creative potential.
September 3, 2020
Suppose that the demand curve for a particular commodity is Qd = a- bP and the supply curve for this commodity is Qs = c+dP. The parameters a,b,c and…
September 3, 2020

In the aggregate expenditures model, if aggregate expenditures are higher than real GDP:

A.there are unplanned decreases in inventories.

B.actual real output is greater than equilibrium real output.

C.aggregate output decreases.

D.employment decreases.

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