Put the alternatives given below in the sequence in which they occur to reach the equilibrium level of out put given that aggregate demand falls short of aggregate supply.
(A) In this case, the firm has to run down existing inventories, which will lead to a fall in production and hence income.
(B) Stocks will be piling up in the warehouses, causing unintended accumulation of inventories.
(C) Ex- ante demand for final goods falls short of the output of final goods that the producers have planned to produce in a given year.
(D) process continues till Ex- ante demand for final goods equals to ex -ante output of final goods
Choose the correct answer from the options given below:
Held on 16 May 2025 · Verified 13 Jul 2026.
(D), (B), (A), (C)
(B), (C), (A), (D)
(C), (A), (B), (D)
(C), (B), (A), (D)
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