Solved

Inventory Levels Unexpectedly Fall and as a Result Firms Increase

Question 199

Multiple Choice

Inventory levels unexpectedly fall and as a result firms increase the quantity of goods and services they produce.Which of the following is consistent with these two occurrences?


A) TP is greater than TE.
B) TP is less than TE.
C) TE is equal to TP minus the rise in inventories above the optimum inventory level.
D) TP is equal to TE.
E) b and c

Correct Answer:

verifed

Verified

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

Related Questions

Q190: The economy can be in equilibrium and

Q191: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6439/.jpg" alt=" -Refer to Exhibit

Q192: Consumption and disposable income are<br>A) indirectly related.<br>B)

Q193: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6439/.jpg" alt=" -Refer to Exhibit

Q194: John Maynard Keynes drew many economists _

Q195: The classical economists believed _ determined savings,while

Q196: According to the efficiency wage model,firms tend

Q197: Keynes believed that<br>A) the internal structure of

Q198: If Keynes's theory is correct,wage rates may

Q200: Which of the following statements is false?<br>A)