When aggregate planned expenditure ________ real GDP, there are unplanned ________ in inventories, and firms ________ production, therefore decreasing real GDP
A) exceeds; decreases; decrease
B) exceeds; increases; increase
C) is less than; increases; decrease
D) is less than; increases; increase
E) is less than; decreases; decrease
C
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Exhibit 30-3 Costs of Eliminating:Firm A Firm B Firm C 1st ton of pollution$ 30 $ 50 $ 600 2nd ton of pollution$ 70 $ 90 $ 700 3rd ton of pollution$125 $150 $ 900 4th ton of pollution$200 $250 $1,300 Refer to Exhibit 30-3. Suppose that Firms A, B, and C are the only polluters in the state and that each emits 4 tons of pollution into the atmosphere. To cut the level of pollution in half the government issues two transferable pollution permits to each firm. What is the total cost to society of decreasing pollution to half its present level if firm C buys one pollution permit from firm A and one pollution permit from firm B?
A. $515 B. $1,300 C. $1,380 D. $965 E. $10,350
Financial risk occurs due to variations in returns which
A) is induced by leverage. B) is due to the ups and downs of the economy. C) is due to changes in government regulations. D) is a result of changes in exchange rates.
If resources are freely mobile and the nonmonetary benefits of supplying resources to alternative uses are identical, resources adjust across uses until they earn the same in different uses
Indicate whether the statement is true or false
Demand deposits $125,000,000 Time deposits: Original maturity (less than 18 months): $1 billion Original maturity (18 months or more): $500 million Use the information above to find this bank's required reserves.
What will be an ideal response?