If desired investment exceeds actual investment, then
A. Inventories are less than the desired level.
B. Cyclical unemployment exists.
C. Inventories are accumulating beyond desired levels.
D. A recessionary GDP gap will emerge.
Answer: A
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The market basket of goods and services used to calculate the consumer price index [CPI] by the Department of Labor in the U.S. changes only every two years
a. True b. False Indicate whether the statement is true or false
The decrease in Money Supply, the Fed would?
A. Buy government's bonds B. Increase the discount rate C. Decrease the reserve requirement D. All of the above E. None of the above
Using Figure 1 above, if the aggregate demand curve shifts from AD2 to AD3 the result in the short run would be:
A. P1 and Y2. B. P2 and Y3. C. P3 and Y1. D. P2 and Y2.
National health insurance programs:
A. are usually too costly for developing nations to implement. B. can increase use of health clinics versus traditional village doctors, who often have no medical training. C. are always less efficient than privatized programs. D. have solved the problem of providing high-quality care in places like India.