In the income-expenditure framework,if planned aggregate expenditures are less than real gross domestic product (GDP) ,_____.

A) saving will increase
B) the price level will increase
C) inventories will increase
D) inventories will decrease
E) consumption will decrease

Income-Expenditure Framework

An economic model describing the relationship between an economy's total income and the spending levels that determines its equilibrium output.

Aggregate Expenditures

The total amount of spending in an economy, including consumption, investment, government spending, and net exports.

Real Gross Domestic Product

The total value of all goods and services produced within a country's borders in a specific time period, adjusted for inflation.