Solved

Suppose You Observed Firms' Inventory Stocks Drop by $100 Billion

Question 126

Multiple Choice

Suppose you observed firms' inventory stocks drop by $100 billion.If you knew that aggregate expenditure was $3,000 billion,what would GDP be?

A) $3,000 billion
B) $2,000 billion
C) $2,900 billion
D) $1,000 billion
E) $3,100 billion

Related Questions

Q121: If the marginal propensity to consume is

Q122: Roughly what fraction of total spending is

Q123: If income increases by $10,000,government purchases are

Q124: A rise in aggregate expenditure is always<br>A)

Q125: At each level of income,net taxes reduce

Q127: Which of the following describes the relationship

Q128: The short-run macro model is used most

Q129: If an economy is at equilibrium,it will

Q130: The most recent recession in the United

Q131: In the short-run macro model,adjustment toward equilibrium