This topic contains a solution. Click here to go to the answer

Author Question: Which of the following is correct? When the expected amount supplied exceeds the expected amount ... (Read 19 times)

leo leo

  • Hero Member
  • *****
  • Posts: 566
Which of the following is correct? When the expected amount supplied exceeds the expected amount demanded, then:
 a. Inventories rise, unemployment tends to rise, and prices tend to fall.
  b. Inventories rise, unemployment tends to fall, and prices tend to rise.
  c. Inventories fall, unemployment tends to rise, and prices tend to rise.
  d. It is impossible for these two to be unequal.
  e. You are mixing apples and oranges. These two macroeconomic variables should not be compared.

Question 2

Taken as a whole the balance of payments:
 a. Is usually positive when a nation is healthy and negative when it is weak.
  b. Is usually negative when the nation is healthy and positive when it is weak.
  c. Must equal zero.
  d. Must equal GDP minus personal consumption expenditures.
  e. Can be positive or negative. It does not depend on the health of the country.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

vickyvicksss

  • Sr. Member
  • ****
  • Posts: 351
Answer to Question 1

.A

Answer to Question 2

.C




leo leo

  • Member
  • Posts: 566
Reply 2 on: Jun 30, 2018
:D TYSM


ricroger

  • Member
  • Posts: 352
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Did you know?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

For a complete list of videos, visit our video library