Refer to the information provided in Table 23.9 below to answer the question(s) that follow. Table 23.9
Refer to Table 23.9. If aggregate output equals ________, there will be a $20 billion unplanned decrease in inventories.
A. $100 billion
B. $200 billion
C. $300 billion
D. $400 billion
Answer: D
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In the past half century, the developing countries have experienced major compositional shifts from exports of primary products (including agricultural and raw materials) to exports of manufactures
How might you explain this in terms of broad historical developments during this period?
When shirking at the workplace occurs, increased monitoring of workers is the only effective way to reduce this behavior
Indicate whether the statement is true or false
Economics is a
A) hard science. B) physical science. C) natural science. D) social science.
If the economy is on the production possibilities frontier (PPF), the economy is
A) productive inefficient. B) operating with no unemployed resources. C) productive efficient. D) b and c E) none of the above