Refer to the information provided in Table 24.2 below to answer the question(s) that follow. Table 24.2
Refer to Table 24.2. At an output level of $1,500 billion, there is an unplanned inventory
A. increase of $100 billion.
B. change of $0.
C. increase of $150 billion.
D. decrease of $200 billion.
Answer: A
You might also like to view...
If a firm increases its capital stock per person while holding constant the number of workers employed, the firm is said to experience
A) capital augmentation. B) labor intensity. C) capital deepening. D) investment deepening.
A country has several factories that emit sulfur dioxide. The main methods that the government can use to overcome the accompanying environment externalities include all of the following EXCEPT
A) cap-and-trade. B) mandating clean technology. C) subsidies. D) taxes.
In the above figure, if the natural monopoly is not regulated it will produce
A) 12 million units at a price of $18 per unit. B) 8 million units at a price of $12 per unit. C) 8 million units at a price of $21 per unit. D) 8 million units at a price of $24 per unit.
The marginal propensity to consume is defined as the:
a. fraction of total income not spent on consumption. b. proportion of any change in income that is spent on consumption. c. fraction of total income spent on consumption. d. fraction of a change in income that is saved.