Multiple Choice
Assume a simple macroeconomic model.When inventories rise unexpectedly,
A) income is above its equilibrium value.
B) income will rise until it reaches its equilibrium value.
C) total spending is higher than total output.
D) All of the above.
Correct Answer:
Verified
Correct Answer:
Verified
Q67: Investment spending is a leakage from the
Q77: Market economies are likely to suffer from
Q105: If the economy automatically tends toward full
Q110: Figure 9-1<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8592/.jpg" alt="Figure 9-1
Q187: If the unemployed were hired, they would
Q188: Injections include saving and taxes.
Q189: Which of the following questions are not
Q192: The aggregate demand curve has an upward
Q193: Writing during the Great Depression, Keynes naturally
Q209: Inventory reductions caused by strong demand are