In the Keynesian model, whenever planned saving exceeds planned investment
A) the interest rate will remain unchanged.
B) there will be unplanned inventory depletion.
C) real GDP will not be influenced.
D) there will be unplanned inventory accumulation.
D
You might also like to view...
If a tax is levied on the buyers of a product, then there will be a(n)
a. downward shift of the supply curve. b. upward shift of the supply curve. c. movement up and to the right along the supply curve. d. movement down and to the left along the supply curve.
Which of the following will increase a country's real GDP per person?
a. imposing restrictions on foreign trade and foreign investment b. imposing restrictions on foreign trade and reducing restrictions on foreign investment c. reducing restrictions on foreign trade and imposing restrictions on foreign investment d. reducing restrictions on foreign trade and foreign investment
When the opportunity cost of producing carrots increases as more carrots are produced, then:
A. no more carrots will be produced. B. resources are equally suited to the production of carrots and to other goods. C. the production possibilities curve is a straight line. D. the law of increasing opportunity costs is present
Refer to the above diagram. All data are for the short run. If product price is P3, the firm will:
A. shut down. B. produce Q5 units and break even. C. produce Q4 units and break even. D. produce Q4 units and make an economic profit.