If aggregate planned expenditure is less than real GDP, in the short run
A. aggregate planned expenditure will increase.
B. exports change to restore equilibrium.
C. the price level will fall.
D. real GDP will decrease.
Answer:D
If aggregate planned expenditure is less than real GDP, in the short run
A. aggregate planned expenditure will increase. B. exports change to restore equilibrium. C. the price level will fall. D. real GDP will decrease.