In: Economics
When the price level is above its equilibrium level, there is ______ unplanned investment, with ______ products supplied than demanded.
Multiple choice question.
negative; fewer
positive; fewer
negative; more
positive; more
negative; fewer
Explanation
When price level is above equilibrium level, it means the economy
is beyond full employment level. This will result in lower
unplanned investment and more products being demanded than
supplied.