Answer to Question #50883 in Macroeconomics for Yoyo
Explain why the following statements is True, False, or Uncertain according to economic principles. Use diagrams where appropriate. It is the explanation that is important. If desired aggregate expenditures are less than actual output, aggregate output will decrease.
If desired aggregate expenditures are less than actual output, aggregate output will decrease, because there is an overproduction of the output, but in equilibrium the aggregate expenditures should be equal to the actual output (AE = Y). So, the statement is True.
Your service was top notch, done right the first time, not like other sites I have used in the past. I’m going to use your services again. Thanks! I highly recommend AssignmentExpert over other assignment help Websites.