A decrease in sales expectations may shift the AD curve to the
A) Left,causing more undesired investment.
B) Left,causing less undesired investment.
C) Right,causing more undesired investment.
D) Right,causing less undesired investment.
Correct Answer:
Verified
Q20: Classical economists concluded that
A)Spending leakages exceed spending
Q21: The marginal propensity to consume is
A)Total consumption
Q22: The formula for the multiplier is
A)1/(1 -
Q23: The marginal propensity to consume is
A)That part
Q24: When unwanted inventories pile up in retail
Q26: Assuming an upward-sloping AS curve,if an economy
Q27: If the marginal propensity to consume is
Q28: Assuming an upward-sloping AS curve,if an economy
Q29: If consumers spend 90 cents out of
Q30: If actual investment exceeds desired investment,then
A)A recession
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