Figure 4-5
-In Figure 4-5 above,suppose that real income is YB and the money market is in equilibrium.The interest rate at this point is ________ to support commodity market equilibrium,so that involuntary inventory changes are ________.
A) too low,positive
B) too low,negative
C) just right,zero
D) too high,positive
E) too high,negative
Correct Answer:
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Q72: Figure 4-5 Q73: Figure 4-5 Q74: The Chapter 3 multiplier,because it assumes an Q76: During the recession phase of the business Q77: Figure 4-5 Q78: When the marginal propensity to save declines,the Q79: During the expansion phase of the business Q80: Figure 4-5 Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents
A)multiplier