One of the early signs that an economy should increase its level of aggregate output is:
A) the willingness of firms to increase their level of investment in plant and equipment.
B) a reduction in the overall price level.
C) a surplus of consumer goods on the market.
D) an unplanned reduction in business inventories.
Correct Answer:
Verified
Q59: Q60: If national income is $1500 billion and Q61: Suppose that the economy experiences an unplanned Q62: Suppose that all firms in the economy Q63: If national income is above its equilibrium Q65: In a simple economy with no government Q66: Assume that a private-sector open economy is
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