Planned investment spending, a component of aggregate demand, is equal to
A) fixed investment plus actual inventory investment.
B) fixed investment plus unplanned inventory investment.
C) fixed investment.
D) fixed investment plus planned inventory investment.
D
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Suppose Bill Gates deposits $20 million into his checking account at Wells Fargo Bank. If the required reserve ratio is 10 percent, what is the maximum change in money supply?
A) -$200 million B) -$180 million C) $2 million D) $180 million E) $200 million
Refer to the table above. Country A has a comparative advantage in
A) beer. B) wine. C) both beer and wine. D) neither beer nor wine.
Overseeing who operates banks and how they are operated is called
A) prudential supervision. B) hazard insurance. C) regulatory interference. D) loan loss reserves.
Suppose an oligopoly has a dominant firm that sets the price for the entire industry. In this situation, the oligopoly has:
a. nonprice competition. b. a kinked demand curve. c. price leadership. d. a cartel.