If intended investment is $1 billion and unwanted inventory is $0, then we know that
a. all of the following statements are true
b. saving = $0
c. consumption = $1 billion
d. the economy will grow
e. actual investment = $1 billion
E
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Which of the following statements is true?
A) The growth rate of South Korea has been less than the growth rate of the United States over the last 40 years. B) The United States and the United Kingdom have recorded a growth rate of over 10% per annum in the last 40 years. C) The gap between the GDP per capita of the United States and Singapore has increased over the last 40 years. D) The gap between the GDP per capita of the United States and China has decreased over the last 40 years.
A tariff on a particular good does which of the following? a. It increases the net-of-tariff price received by foreign producers
b. It increases the price of the good to domestic consumers. c. It redistributes income away from domestic producers toward domestic consumers. d. none of the above
What is inflation targeting?
A. Committing the central bank to achieve an unannounced level of inflation B. A policy that attempts to reduce inflation to zero C. A target that links the Feds target for the federal funds rate to inflation
When Pepsi is considering a price hike, it needs to consider how Coke may react. This situation is called:
A. mutual interdependence. B. price leadership. C. collusion. D. monopolistic competition.