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Author Question: Refer to Figure 12-1.At pointJin the figure above, which of the following is true? (Read 263 times)

drink

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on: Mar 16, 2019

Question 1

Figure 12-1









Refer to Figure 12-1.  According to the figure above, at what point is aggregate expenditure less than GDP?


◦ J
◦ K
◦ L
◦ None of these

Question 2

Figure 12-1









Refer to Figure 12-1. At point J in the figure above, which of the following is true?


◦ Aggregate expenditure is less than GDP.
◦ The economy has achieved macroeconomic equilibrium.
◦ Actual inventories are less than planned inventories.
◦ GDP will be decreasing.
Macroeconomics ¦ Hubbard, O'Brien ¦ 6th Edition
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Marked as best answer by drink on Mar 16, 2019

skipfourms123

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Reply #1 on: Mar 16, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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drink

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Reply 2 on: Mar 16, 2019
Thanks for the timely response, appreciate it

xiazhe

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Reply 3 on: Yesterday
Excellent

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