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Author Question: At the equilibrium level of real GDP, which of the following is true? a. Unplanned inventory ... (Read 73 times)

anjilletteb

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At the equilibrium level of real GDP, which of the following is true?
 a. Unplanned inventory investment is positive.
  b. Unplanned inventory investment is negative.
  c. Aggregate output equals aggregate expenditures.
  d. Aggregate output plus consumption spending equals aggregate expenditures.

Question 2

Barter is the:
 a. direct exchange of goods and services.
  b. exchange of goods, but not services.
  c. system that does not depend on a coincidence of wants.
  d. system used in advanced economies.



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peter

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Answer to Question 1

c

Answer to Question 2

a




peter

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