economics007experts
economics007experts economics007experts
  • 03-01-2022
  • Social Studies
contestada

What happens in the economy if total production (TP) is greater than total expenditures (TE)?

Respuesta :

febinfathima70
febinfathima70 febinfathima70
  • 03-01-2022

Answer:

When the total production exceeds the total expenditure, it suggests overproduction in the economy, which causes the inventories of producers to rise. As a result, the firms reduce their production, which, in turn, reduces the real GDP.

Answer Link

Otras preguntas

Andrew solved the following inequality, and his work is shown below: −4(x + 8) + 25 ≤ −2 + 1(x − 50) −4x − 32 + 25 ≤ −2 + 1x − 50 −4x − 7 ≤ 1x − 52 −5x ≤ −45 x
From 1945 to 1989, Europe was divided into a communist bloc and a what.
Two numbers are the ratio 3:2. If the smaller number is 24, find the larger number.
6(-2-3x)+8=68 Find x
What eating disorder might be discovered by a dentist
How did the civil war affect relations between the sioux and their allies?
What appears to be one criterion that scientist use when defining the timing of geological periods?
Mick paid $2.94 in sales tax on an item that cost $42.00 before tax. At that rate, how much would he pay in sales tax for an item that costs $58.00 before tax?
What social problem was the 16th amendment intended to reform?
Rehoboam, Solomon's son, had nothing to do with the division of the kingdom, except to accept it. true or false