When investment exceeds planned investment, aggregate planned expenditure is __________ than actual aggregate expenditure and inventories are __________ than planned
a) greater; greater
b) greater; less
c) less; greater
d) less; less
c) less; greater
You might also like to view...
Control of the nation's quantity of money is handled by
A) Congress. B) the Federal Reserve System. C) the President of the United States. D) Congress, the Federal Reserve System, and all commercial banks.
A higher rate of saving at the national level will, in the long-run ________
A) cause a decrease in levels of capital and output B) have no effect on levels of capital and output C) lead to an increase in population growth D) cause an increase in levels of capital and output
If the marginal propensity to consume is 0.55, the simple spending multiplier is 3.65
a. True b. False Indicate whether the statement is true or false
Which of the following is usually a durable good?
A. A unit of labor B. The interest rate C. A depletable resource D. A capital good