
-Refer to Table 11.2. At an aggregate output level of $200, what will change in order to bring the economy to equilibrium?
A) Inventories must increase.
B) Investment must decrease.
C) Consumption must decrease.
D) Output must increase.
Correct Answer:
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Q37: If an economy's marginal propensity to consume
Q38: An increase in the marginal propensity to
Q39: When the consumption function is expressed as
Q40: When the consumption function is expressed as
Q41: If the consumption function is C =
Q43: An unexpected increase in inventories has:
A) no
Q44: If after adding investment (I) to the
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