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Author Question: If firms sell what they expected to sell, which of the following will be true? A) Aggregate ... (Read 154 times)

newbem

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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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Answer to Question 1

C

Answer to Question 2

A




newbem

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Reply 2 on: Jun 29, 2018
:D TYSM


peter

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Reply 3 on: Yesterday
Wow, this really help

 

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