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:
Verified
Correct Answer:
Verified
Q14: Which groups are not protected from inflation?<br>A)Industrial
Q15: What does the inflation imply?<br>A)Rise in budget
Q16: Entrepreneurs will have no tendency to expand
Q17: The normal condition of a capitalist economy
Q18: According to classical economists, variations in savings
Q19: Which of the following is an effect
Q20: Excess demand for money, according to Say's
Q21: An increase in injections into the economy
Q23: According to the Phillips curve, unemployment will
Q24: What is the cause of inflation?<br>A)If money