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

Author Question: Assume an economy is in equilibrium at an output level of $1,600 billion. If government purchases ... (Read 24 times)

tingc95

  • Hero Member
  • *****
  • Posts: 556
on: Apr 19, 2019

Question 1

Assume an economy is in equilibrium at an output level of $2,000 billion. If government spending decreases by $500 billion, then at the output level of $2,000 billion, there is


◦ an unplanned rise in inventories.
◦ an unplanned fall in inventories.
◦ an unplanned inventory change of zero.
◦ either an unplanned increase or decrease in inventories depending on the value of the 
MPC.

Question 2

Assume an economy is in equilibrium at an output level of $1,600 billion. If government purchases increase by $200 billion, then at the output level of $1,600 billion, there is


◦ an unplanned increase in inventories.
◦ an unplanned inventory change of zero.
◦ an unplanned decrease in inventories.
◦ either an unplanned increase or decrease in inventories depending on the value of the 
MPC.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by tingc95 on Apr 19, 2019

fdliggud

  • Sr. Member
  • ****
  • Posts: 366
Reply #1 on: Apr 19, 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.
Answer Preview
Only 25% of students answer this correctly


tingc95

  • Hero Member
  • *****
  • Posts: 556
Reply #2 on: Apr 19, 2019
Thanks


fdliggud

  • Sr. Member
  • ****
  • Posts: 366
Reply #3 on: Apr 19, 2019
Welcome :)


« previous next »
 

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

Did you know?

More than 20 million Americans cite use of marijuana within the past 30 days, according to the National Survey on Drug Use and Health (NSDUH). More than 8 million admit to using it almost every day.

Did you know?

Immunoglobulin injections may give short-term protection against, or reduce severity of certain diseases. They help people who have an inherited problem making their own antibodies, or those who are having certain types of cancer treatments.

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Comparison of the level of skin damage as a result of the three different degrees of burns. Comparison of the level of skin damage as a result of the three different degrees of burns.
Zhang Huan, To Raise the Water Level in a Fishpond. Zhang Huan, To Raise the Water Level in a Fishpond.
A typical accelerator pedal position (APP) sensor, showing two different output voltage signals ... A typical accelerator pedal position (APP) sensor, showing two different output voltage signals ...
Upper-Level Maps Upper-Level Maps
The level of future emissions is closely linked to the rate of population growth The level of future emissions is closely linked to the rate of population growth
Kinesthesis and Equilibrium Kinesthesis and Equilibrium
Video: Inflammation Animation

For a complete list of videos, visit our video library