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If the existing output is greater than the equilibrium output level, then

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7 years ago

If the existing output is greater than the equilibrium output level, then

If the existing output is greater than the equilibrium output level, then
A) the actual level of spending exceeds the level anticipated by businesses.
B) there will be an unintended increase in inventory.
C) the level of output in the economy will tend to fall.
D) there will be no unintended change in inventory.
E) the level of consumption spending will tend to decline in order to bring the economy into equilibrium.

Textbook

Introduction to Economic Reasoning

Edition: 8^th

Author: Rohlf

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sgy_89 Author

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7 years ago

Thanks

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Thanks for your help!!

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this is exactly what I needed

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