In Figure 3-3 above, when income is 1,500, unplanned inventory investment is
A) 200.
B) 300.
C) 500.
D) -200.
E) -500.
A
You might also like to view...
Refer to Scenario 18.1. When Curly made the loans to Moe, Larry, and Shemp, there were 500 coins' worth of receipts. These receipts are best described as
A) commodity money. B) representative commodity money. C) partially backed representative commodity money. D) fiat money.
Countries or regions in which real GDP per person has not grown as fast as in the United States since 1960 include
A) Japan. B) countries in Africa. C) Hong Kong. D) Canada.
Refer to Table 9-1. The unemployment rate for this simple economy equals
A) (100/1,100 ) × 100. B) (100/20,000 ) × 100. C) (100/15,000 ) × 100. D) (100/1,000 ) × 100.
With the increased usage of cell phone services, what has happened to the price elasticity of demand for land-line telephone services?
A) The absolute value of the price elasticity coefficient has probably gone down. B) It has become more price inelastic. C) It has become more income elastic. D) It has become more price elastic.