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Author Question: If aggregate planned expenditure is greater than GDP, then A) the consumption function will shift ... (Read 43 times)

fox

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on: Jun 29, 2018
If aggregate planned expenditure is greater than GDP, then
 
  A) the consumption function will shift downward to restore the equilibrium.
  B) a recession will result.
  C) inventory investment is larger than planned.
  D) production is too high.
  E) inventory investment is smaller than planned.

Question 2

Referring to Figure 19.1, Mexican goods will become cheaper in the United States if the exchange rate goes from ________ to ________ pesos to the dollar.
 
  A) 13; 11 B) 13; 10 C) 12; 11 D) 12; 13


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smrtceo

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

E

Answer to Question 2

D


fox

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

peter

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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