Unexpected increases in inventories usually precede
A) increases in inflation
B) increases in imports
C) stagflation
D) decreases in production
E) decreases in unemployment
Ans: D) decreases in production
Economics
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Indicate whether the statement is true or false
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A difficulty with effective fiscal policy is the:
A. reality of time lags. B. guess as to what potential GDP is. C. lack of relevant information needed to decide the magnitude of change. D. All of these are true.
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Define each of the symbols and explain the meaning of M V = P Y
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Explain why there is a direct relationship between price and quantity supplied
What will be an ideal response?
Economics