Inventories refer to
A) goods which have been presold before they are produced.
B) goods that have been produced but not yet sold.
C) goods that have been planned but not yet produced.
D) goods that have been produced and sold in the same year.
Correct Answer:
Verified
Q9: When aggregate expenditure = GDP
A)macroeconomic equilibrium occurs.
B)the
Q10: Consumption spending is $16 million,planned investment spending
Q11: The key idea of the aggregate expenditure
Q12: Consumption is $5 million,planned investment spending is
Q13: Actual investment spending does not include
A)spending on
Q15: At macroeconomic equilibrium
A)total investment equals total inventories.
B)total
Q16: Each of the following is one of
Q17: Consumption spending is $5 million,planned investment spending
Q18: An unplanned increase in inventories results from
A)an
Q19: Consumption spending is $22 million,planned investment spending
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