What is the correct relationship between income and expenditures?
a. If expenditures exceed income, the economy is at a disequilibrium, and the economy stays at a disequilibrium.
b. If expenditures fall short of income, the economy is at a disequilibrium, and the economy moves to a higher level of income. c.If expenditures exceed income, the economy is at a disequilibrium, and the economy moves to a lower level of income.
d. If expenditures fall short of income, the economy is at a disequilibrium, and the economy moves to a lower level of income.



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