Consumption is $141 billion, planned investment is $15 billion, and saving is $15 billion in a private, closed economy. At this level:
A. Actual investment does not equal planned investment
B. There will be unplanned increases in inventories
C. There will be unplanned decreases in inventories
D. The economy is in equilibrium
D. The economy is in equilibrium
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An increase in the stock of capital: a. causes a movement from a point on an economy's production possibilities curve to a point inside the curve. b. causes an economy's production possibilities curve to shift inward over time
c. causes an economy's production possibilities curve to shift outward over time. d. has no effect on the position of an economy's production possibilities curve over time.
Consider the nations of Brazil, Mexico, and Pakistan. Over the past century, which of these three nations has experienced, by far, slower economic growth than the other two nations?
Refer to Figure 2-7. Assume a technological advancement greatly reduces the cost to produce self-driving vehicles. This is best represented by the
A) movement from K to L in Graph C. B) movement from G to H in Graph B. C) movement from H to J in Graph B. D) movement from E to F in Graph A.
What makes advising on mergers and acquisitions particularly profitable for investment banks relative to other services that they provide?
What will be an ideal response?