Multiple Choice
Figure 12-1
-Refer to Figure 12-1.What will happen next when the economy is at point J?
A) Inventories have fallen below their desired level,and firms decrease production.
B) Inventories have fallen below their desired level,and firms increase production.
C) Inventories have risen above their desired level,and firms decrease production.
D) Inventories have risen above their desired level,and firms increase production.
Correct Answer:

Verified
Correct Answer:
Verified
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