Multiple Choice
Suppose that inventories are rising. We could expect that, in the future:
A) Real GDP will likely increase
B) Real GDP will likely decrease
C) We can't predict what will happen to real GDP
D) Firms will raise prices of their goods and services
Correct Answer:
Verified
Correct Answer:
Verified
Q47: If nominal GDP increases from one year
Q69: What impact will a negative demand shock
Q82: If prices of goods and services quickly
Q83: The Great Recession occurred in:<br>A) 1970-74<br>B) 1985-87<br>C)
Q84: Increased optimism about the future will lead
Q90: If consumers become pessimistic, the economy is
Q131: Economists use the word investment to refer
Q151: The opportunity cost of investment is a
Q162: Which of the following is the best
Q174: Which of the following statements is true?<br>A)Short-run