Multiple Choice
Which of the following results from firms holding inventories?
A) The economy is much more susceptible to business cycle fluctuations.
B) Demand shocks occur with greater frequency.
C) Demand shocks occur less frequently.
D) Firms can maintain production levels and adjust inventories in response to demand shocks.
Correct Answer:
Verified
Correct Answer:
Verified
Q54: Supply shocks<br>A)occur more frequently than demand shocks.<br>B)usually
Q55: Which of the following statements is true?<br>A)Financial
Q56: Why are economists concerned about inflation?<br>A)Inflation generally
Q58: Banks and other financial institutions<br>A)are the primary
Q60: Which of the following statements best describes
Q61: (Consider This) What is the difference between
Q64: Harry's Pizza Parlor produced 10,000 large pizzas
Q186: The period known as the Industrial Revolution
Q219: Economists use different models of the economy
Q222: The amount of investment in an economy