If actual aggregate expenditure equals aggregate planned expenditure, then
A) firms obtain the desired change in their inventories.
B) there is never any change in firms' inventories.
C) unplanned inventory changes are negative.
D) actual aggregate expenditure might be greater than, equal to, or less than real GDP.
E) unplanned inventory changes are positive.
A
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The larger the value of U.S. imports, the greater the quantity of ________ causing the quantity supplied of dollars to ________
A) U.S. dollars demanded; increase B) U.S. dollars demanded; decrease C) foreign currency demanded; increase D) foreign currency demanded; decrease
Which of the reasons given for tariff protection make consumers better off by generating lower prices?
A) infant industry argument B) protecting U.S. jobs argument C) anti-dumping argument D) None provides lower prices for domestic consumers.
Answer the following statement(s) true (T) or false (F)
1. The Maximum Contaminant Level (MCL) is to be set as close to the Maximum Contaminant Level Goal (MCLG) as possible. 2. An established reference dose (RfD) is defined as the amount of a contaminant to which people can be exposed over a 24-hour period without harm. 3. U.S. primary drinking water regulations are performance-based standards. 4. Secondary maximum contaminant levels (SMCLs) are enforceable drinking water standards that are set to protect public welfare. 5. A drinking water standard based on benefit-cost analysis would be set at the point where the TSB is maximized.
What limits an unregulated bank's ability to go on creating money indefinitely?
What will be an ideal response?