When unwanted inventories pile up in retail stores,retail managers will take actions that lead to greater
A) Inflation.
B) Unemployment.
C) Wages.
D) Economic growth.
Correct Answer:
Verified
Q19: Leakages include
A)Business saving.
B)Exports.
C)Government spending.
D)Inventories.
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
Q25: A decrease in sales expectations may shift
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
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