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Author Question: In the figure above, if real GDP is 10 trillion, aggregate planned expenditure is A) equal to 10 ... (Read 101 times)

Deast7027

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on: Jun 29, 2018
In the figure above, if real GDP is 10 trillion, aggregate planned expenditure is
 
  A) equal to 10 trillion and there are no unplanned inventory changes.
  B) less than 10 trillion and unplanned inventory changes are positive.
  C) equal to 10 trillion and unplanned inventory changes are negative.
  D) more than 10 trillion and unplanned inventory changes are negative.
  E) equal to 10 trillion and unplanned inventory changes are positive.

Question 2

If the interest rate rises in the United States relative to other nations, then in the foreign exchange market the demand for dollars ________ and the supply of dollars ________.
 
  A) does not change; does not change
  B) increases; increases
  C) increases; decreases
  D) decreases; decreases
  E) decreases; increases


todom5090

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

C


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