The Jackson Tool Company manufactures only tools. In 2010, Jackson Tools manufactured 20,000 tools, but sold 22,000 tools. In 2010, Jackson Tools' change in inventory was:
A) - 10,000 tools.
B) 18,000 tools.
C) - 2,000 tools.
D) 2,000 tools.
Correct Answer:
Verified
Q8: Q9: Assume that C = 150 + 0.9Y Q10: We define equilibrium as the point where: Q11: The government spending multiplier is positive because Q12: The tax multiplier is negative because an Q14: If an economy's marginal propensity to consume Q15: With the equation M=my, where M is Q16: An increase in the marginal propensity to Q17: If Jack received a $1,000 bonus and Q18: If imports are expressed as M =
A)
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