menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Economics Principles and Policy Study Set 2
  4. Exam
    Exam 25: Demand-Side Equilibrium: Unemployment or Inflation
  5. Question
    Describe the Role of Business Inventory Change in Determining the Equilibrium
Solved

Describe the Role of Business Inventory Change in Determining the Equilibrium

Question 111

Question 111

Essay

Describe the role of business inventory change in determining the equilibrium level of GDP and changes in the level of GDP.

Correct Answer:

verifed

Verified

Inventories work as buffers in the econo...

View Answer

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

Related Questions

Q106: Figure 9-3<br>​ <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8592/.jpg" alt="Figure 9-3 ​

Q107: What is meant by the concept of

Q108: Assume a simple macroeconomic model.When inventories rise

Q109: Recessions and depressions are the principal examples

Q110: Figure 9-1<br>​ <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8592/.jpg" alt="Figure 9-1 ​

Q112: A decrease in autonomous consumption would have

Q113: High unemployment and high rates of inflation

Q114: Figure 9-1<br>​ <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8592/.jpg" alt="Figure 9-1 ​

Q115: Figure 9-1<br>​ <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8592/.jpg" alt="Figure 9-1 ​

Q116: When constructing a basic macroeconomic model, several

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines