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Author Question: If firms sell what they expected to sell, which of the following will be true? A) Aggregate ... (Read 107 times)

newbem

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on: Jun 29, 2018
If firms sell what they expected to sell, which of the following will be true?
 
  A) Aggregate expenditure will be greater than GDP.
  B) Aggregate expenditure will be less than GDP.
  C) There is no unplanned change in inventories.
  D) Inventories will rise, and GDP and employment will fall.

Question 2

Which of the following functions of money would be violated if inflation were high?
 
  A) store of value B) medium of exchange
  C) unit of account D) certificate of gold


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tanna.moeller

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

C

Answer to Question 2

A


newbem

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

olderstudent

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Reply 3 on: Yesterday
Excellent

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