menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Business Economics
  4. Exam
    Exam 4: Economic Concepts and Policies
  5. Question
    When Output Exceeds Spending
Solved

When Output Exceeds Spending

Question 1

Question 1

Multiple Choice

When output exceeds spending:


A) there is unsold output, and level of output will fall
B) there is unsold output, and level of output will rise
C) there is unsold output, and level of spending will rise
D) there is no unsold output since the level of spending will rise

Correct Answer:

verifed

Verified

Related Questions

Q2: Psychological law of consumption states that the

Q3: According to the Phillips curve, unemployment will

Q4: In the equation C = 60 +

Q5: An increase in injections into the economy

Q6: Which groups are not protected from inflation?<br>A)industrial

Q7: Who propounded Psychological law of consumption<br>A)adam smith<br>B)ricardo<br>C)keynes<br>D)pigou

Q8: The concept of effective demand is associated

Q9: Keynes assumed the presence of --------- economy

Q10: When MPS = 0.2, MPC will be<br>A)0.8<br>B)0.2<br>C)1.2<br>D)20

Q11: Demand-pull inflation may be caused by:<br>A)an increase

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