Multiple Choice
An unexpected increase in inventories has:
A) no effect on future production.
B) a negative effect on future production.
C) a positive effect on future production.
D) a negative effect on current production.
Correct Answer:

Verified
Correct Answer:
Verified
Q43: If consumption is $5,000 when income is
Q44: If the consumption function is C =
Q45: Assume that the consumption function is C
Q46: When the consumption function is expressed as
Q47: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5231/.jpg" alt=" Figure 11.4 -Refer
Q49: Which of the following is not an
Q50: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5231/.jpg" alt=" -Refer to Table
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Q52: Suppose that planned expenditure exceeds aggregate output.
Q53: In an open economy with government spending,