income-expenditure framework, if planned aggregate expenditures less than real gross domestic product (GDP)
What will be an ideal response?
inventories will decrease
You might also like to view...
Which of the following disciplines is not a social science?
a. psychology b. mathematics c. economics d. political science e. sociology
Answer the following statement(s) true (T) or false (F)
1. Present-day fluctuations in exchange rates are determined solely by market forces. 2. When exchange rates change, they affect not only the currency market but the product markets as well. 3. Since the advent of flexible exchange rates, world trade has expanded. 4. The most important advantage of the Bretton Woods fixed-rate system is that it has reduced the speculative rampages that were common under a flexible-rate system. 5. Booming futures markets in foreign currencies opened in Chicago, New York, and in foreign financial centers during the years that the world used the Bretton Woods system.
The Triple Aim seeks to improve patients' experiences of care, improve population health, and reduce per capita costs.
a. true b. false
Holding all else constant, higher prices will:
A. decrease the Lerner index. B. increase or decrease the Lerner index depending on the relative magnitude of the price increase. C. increase the Lerner index. D. have no impact on the Lerner index.