This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Equilibrium expenditure is the level of expenditure at which A) aggregate planned expenditure ... (Read 379 times)

mynx

  • Hero Member
  • *****
  • Posts: 555
on: Jun 29, 2018
Equilibrium expenditure is the level of expenditure at which
 
  A) aggregate planned expenditure minus planned changes in inventories equals real GDP.
  B) aggregate planned expenditure plus planned changes in inventories equals real GDP.
  C) firms' inventories are zero.
  D) firms produce more output than they sell.
  E) firms' inventories are at the desired level.

Question 2

Purchasing power parity does NOT provide accurate predictions of exchange rates because
 
  A) almost all goods and services are traded across nations.
  B) governments currently fix exchange rates.
  C) firms are unable to set prices differently across nations.
  D) non-traded goods account for approximately 50 percent of the value of production in an economy.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

CourtneyCNorton

  • Sr. Member
  • ****
  • Posts: 317
Reply #1 on: Jun 29, 2018
Answer to Question 1

E

Answer to Question 2

D


mynx

  • Hero Member
  • *****
  • Posts: 555
Reply #2 on: Jun 29, 2018
Thank you :)


CourtneyCNorton

  • Sr. Member
  • ****
  • Posts: 317
Reply #3 on: Jun 29, 2018
Happy to help you


« previous next »
 

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Did you know?

Historic treatments for rheumatoid arthritis have included gold salts, acupuncture, a diet consisting of apples or rhubarb, nutmeg, nettles, bee venom, bracelets made of copper, prayer, rest, tooth extractions, fasting, honey, vitamins, insulin, snow collected on Christmas, magnets, and electric convulsion therapy.

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Substrate–level phosphorylation. Substrate–level phosphorylation.
Common sites of amputation. (A) Upper extremities. (B) Lower extremities. The surgeon determines th Common sites of amputation. (A) Upper extremities. (B) Lower extremities. The surgeon determines th
Upper-Level Maps Upper-Level Maps
Higher-Level Thinking Skills Used in Massage Therapy Higher-Level Thinking Skills Used in Massage Therapy
Rising sea level threatens coastal communities around the world Rising sea level threatens coastal communities around the world
Aggregate Fruits: Strawberry Aggregate Fruits: Strawberry
Video: Biological organic compounds

For a complete list of videos, visit our video library