If planned injections are less than leakages, output will
A. increase.
B. remain constant.
C. decrease.
D. either increase or decrease.
Answer: C
You might also like to view...
Factors that influence labor productivity include ________
A) the inflation rate, the real wage rate, and the exchange rate B) the labor demand curve C) physical capital, the real wage rate, and technology D) physical capital, human capital, and technology
Accounting profits at a firm's break-even point are
A) positive. B) negative. C) zero. D) indeterminate since we need to know what demand is.
Under the assumption of rational expectations, real GDP is determined by
A. the economy's aggregate demand curve. B. a combination of monetary and fiscal policy. C. monetary policy but not by fiscal policy. D. the long-run aggregate supply curve.
Refer to the table below. If Country X opens itself up to international trade and the world-market price of the product is $3, then Country X will:
Use the following table for Country X to answer the question below. Column 1 of the table is the price of a product. Column 2 is the quantity demanded domestically (Qdd) and Column 3 is the quantity supplied domestically (Qsd).
A. Neither export nor import the product
B. Export some units of the product
C. Import some units of the product
D. Not produce the product