Arrange the sequence of events relating to establishment of equilibrium in the economy.
(A) This will cause unintended decumulation of inventories
(B) This process continues till ex-ante aggregate demand becomes equal to ex-ante aggregate supply
(C) The producers will respond by increasing output
(D) If ex-ante demand for final goods by firms and households is greater than the output the producers plan to produce in a given year
(E) When output increases, both employment and income rise
Choose the correct answer from the options given below:
1
(A), (C), (B), (E), (D)
2
(D), (A), (C), (E), (B)
3
(A), (E), (C), (B), (D)
4
(D), (C), (B), (E), (A)