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-Refer to Exhibit 10-6

Question 119

Multiple Choice

-Refer to Exhibit 10-6.Which of the following is consistent with the economy producing Q<sub>2</sub>? A) Total expenditures (TE) is less than total production (TP) . B) Firms are currently holding their optimum inventory levels. C) Autonomous spending is greater than zero. D) Total expenditures (TE) are equal to total production (TP) . E) none of the above
-Refer to Exhibit 10-6.Which of the following is consistent with the economy producing Q2?


A) Total expenditures (TE) is less than total production (TP) .
B) Firms are currently holding their optimum inventory levels.
C) Autonomous spending is greater than zero.
D) Total expenditures (TE) are equal to total production (TP) .
E) none of the above

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