Multiple Choice
If retail managers are ordering extra merchandise from their wholesale distributors, then it is probably true that
A) total output is greater than total spending.
B) price levels are decreasing.
C) inventory levels are increasing.
D) inventory levels are decreasing.
Correct Answer:
Verified
Correct Answer:
Verified
Q148: When spending is less than production, inventories
Q149: The economy will reach equilibrium in a
Q150: An increase in autonomous consumption has the
Q151: Which one of the following could cause
Q152: At the equilibrium level of income, it
Q154: When total spending is less than production,
Q155: Producers will change their prices when GDP
Q156: A major reason for the existence of
Q157: If total spending exceeds total output, then<br>A)inventory
Q158: Economists are very good at explaining how