Does aggregate expenditure equal aggregate production?

One man's income is another man's expenditure. The expenditure of buyers on products is, by the rule of accounting, income to the sellers of those products. Every transaction that affects income must...

expenditure money paid out; an amount spent expenditure the act of spending money for goods or services expenditure the act of consuming something

total expenses

GDP will decrease

GDP can be expressed as the sum of expenditures on domestically produced final goods and services. The four types of expenditure that are counted in the GDP are Consumption (food, clothes, haircuts,...