If output is less than planned aggregate expenditure, there will be
A) an unplanned increase in inventories.
B) an unplanned decrease in inventories.
C) no change in inventories.
D) a planned increase in inventories.
Correct Answer:
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Q1: During recessions, government spending usually
A) decreases because
Q3: Refer to the information provided in Table
Q4: The aggregate consumption function is C =
Q5: Which of the following is not a
Q6: Refer to the information provided in Table
Q7: The aggregate consumption function is C =
Q8: Fiscal policy refers to
A) the techniques used
Q9: After government is added to the income-expenditure
Q10: Disposable income
A) increases when net taxes increase.
B)
Q11: The aggregate consumption function is C =
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