
Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559
Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559 Exercise 46
Circle the letter that corresponds to the best answer. When aggregate demand is greater than aggregate supply, _________.
A) inventories get depleted and output rises
B) inventories get depleted and output falls
C) inventories rise and output rises
D) inventories rise and output falls
A) inventories get depleted and output rises
B) inventories get depleted and output falls
C) inventories rise and output rises
D) inventories rise and output falls
Explanation
Inventories (raw materials) start decrea...
Macroeconomics 11th Edition by Stephen Slavin
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