If business inventory changes are negative, it means that they were not intended

Indicate whether the statement is true or false


F

Economics

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If a nation with a low level of GDP per capita converges to a richer nation, the poor nation

A) enters into a free trade agreement with the richer nation. B) experiences low growth rates. C) experiences a rate of high growth such that its GDP per capita increases to that of the richer nation. D) experiences a rate of low growth such that its GDP per capita increases to that of the richer nation.

Economics

The theory of investment that emphasizes the roles of real interest rates and taxes is known as the

A) multiplier model. B) accelerator model. C) Q-theory of investment. D) neoclassical theory of investment.

Economics

Increasing marginal returns are generally the result of

a. diseconomies of scale b. increasing costs c. specialization and division of labor d. labor unions e. technology

Economics

The two types of imperfectly competitive markets are

a. monopoly and monopolistic competition. b. monopoly and oligopoly. c. monopolistic competition and oligopoly. d. monopolistic competition and cartels.

Economics