Dave's Mirror Company expects to sell $1,000,000 worth of mirrors and to produce $1,250,000 worth of mirrors in the coming year.The company purchases $300,000 of new equipment during the year.Sales for the year turn out to be $900,000.Actual investment by Dave's Mirror Company equals ________ and planned investment equals _______.
A) $250,000;$150,000
B) $300,000;$200,000
C) $550,000;$450,000
D) $650,000;$550,000
E) $900,000;$800,000
Correct Answer:
Verified
Q18: Planned aggregate expenditure is total
A) value added
Q19: The basic Keynesian model assumes that,in the
Q20: The basic Keynesian model assumes that,in the
Q21: As disposable income decreases,consumption
A) increases.
B) decreases.
C) remains
Q22: As disposable income increases,consumption
A) increases.
B) decreases.
C) remains
Q24: Ron's Desk Company expects to sell $10,000,000
Q25: Dave's Mirror Company expects to sell $1,000,000
Q26: The two parts of the Keynesian consumption
Q27: If firms sell more output than expected,planned
Q28: Data on disposable income and consumption spending
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