Solved

If Total Production Is Greater Than Total Expenditures

Question 166

Multiple Choice

If total production is greater than total expenditures,


A) there will be an increase in saving.
B) there will be an increase in inventories.
C) firms will then increase production.
D) firms will then increase prices.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q161: Keynes believed that saving is<br>A) more responsive

Q162: In Keynes' view,labor unions would resist wage

Q163: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6439/.jpg" alt=" -Refer to Exhibit

Q164: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6439/.jpg" alt=" -Refer to Exhibit

Q165: When total production is greater than total

Q167: How is the multiplier expressed in terms

Q168: The ratio of the change in consumption

Q169: If households,businesses,and government buy more than businesses

Q170: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6439/.jpg" alt=" -Refer to Exhibit

Q171: The economy is in equilibrium,TP = TE.Then,net