Multiple Choice
Which of the following is true when an economy produces at full employment,but consumers,government,businesses,and the foreign sector do not buy all the output?
A) Inventories are depleted.
B) There is a recessionary gap.
C) Unemployment falls.
D) The price level rises.
Correct Answer:
Verified
Correct Answer:
Verified
Q94: A decrease in U.S.exports to Japan can
Q95: Assume there is a decrease in government
Q96: Gross exports depend on the behavior of
Q97: Which of the following occurs when the
Q98: Which of the following lists all the
Q100: If firms become more pessimistic about future
Q101: If consumption is $340 and saving is
Q102: Table 9.1 <span class="ql-formula" data-value="\begin{array}
Q103: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5720/.jpg" alt=" The MPC in
Q104: Which government sector has the ability to