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Macroeconomics 20th Edition by Campbell McConnell ,Stanley Brue ,Sean Flynn
Edition 20ISBN: 978-0077660772Macroeconomics 20th Edition by Campbell McConnell ,Stanley Brue ,Sean Flynn
Edition 20ISBN: 978-0077660772 Exercise 27
If inventories unexpectedly rise, then production sales _________ and firms will respond by _______ output.
A) Trails; expanding.
B) Trails; reducing.
C) Exceeds; expanding.
D) Exceeds; reducing.
A) Trails; expanding.
B) Trails; reducing.
C) Exceeds; expanding.
D) Exceeds; reducing.
Explanation
Verified
Verified
Hence, the correct answer is d. Exceeds;...
Macroeconomics 20th Edition by Campbell McConnell ,Stanley Brue ,Sean Flynn
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