Multiple Choice
If an unplanned increase in business inventories occurs at some level of GDP, then GDP:
A) entails a rate of aggregate expenditures in excess of the rate of aggregate production.
B) may be either above or below the equilibrium output.
C) is too low for equilibrium.
D) will decrease.
Correct Answer:
Verified
Correct Answer:
Verified
Q25: When investment remains the same at each
Q76: All else equal, a large decline in
Q80: If aggregate expenditures exceed the domestic output
Q81: In a mixed open economy, where aggregate
Q82: If Canada wants to increase its net
Q83: Complete the following table and answer the
Q86: For given data the aggregate expenditures-domestic output
Q87: In a mixed open economy, which of
Q88: An increase in government expenditures will shift
Q89: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6686/.jpg" alt=" In the above